summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation to establish a student loan forgiveness program within the Massachusetts Educational Financing Authority. Higher Education.
AI Summary
This bill establishes a student loan forgiveness program within the Massachusetts Educational Financing Authority. The program is designed to alleviate the burden of federal student loan debt for recent college graduates in the Commonwealth. To be eligible, applicants must have graduated from a high school or received a high school equivalency diploma in Massachusetts, obtained an undergraduate degree from a public university in Massachusetts between 2017 and 2018, participate in a federal income-driven repayment plan, be employed in Massachusetts, and meet certain income and residency requirements. Eligible applicants can receive an award covering 100% of their monthly federal income-driven repayment plan payments for up to 24 months. The authority is authorized to promulgate rules and regulations to implement the program.
Committee Categories
Education
Sponsors (12)
Jim Arciero (D),
Mindy Domb (D),
Jamie Eldridge (D),
Ken Gordon (D),
Ed Kennedy (D),
Joe McKenna (R),
Mike Moore (D),
Brian Murray (D),
Tom Stanley (D),
José Tosado (D),
Steve Ultrino (D),
Jon Zlotnik (D),
Last Action
Accompanied a study order, see H5209 (on 12/23/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H1202 |
| Bill | https://malegislature.gov/Bills/191/H1202.pdf |
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