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Bill > A10382


NY A10382

NY A10382
Establishes the New York state COVID-19 health care worker loan forgiveness program which forgives up to twenty thousand dollars in student loan debt from certain health care workers.


summary

Introduced
05/04/2020
In Committee
05/04/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

2019-2020 General Assembly

Bill Summary

Establishes the New York state COVID-19 health care worker loan forgiveness program which forgives up to twenty thousand dollars in student loan debt from certain health care workers.

AI Summary

This bill establishes the New York State COVID-19 Health Care Worker Loan Forgiveness Program, which forgives up to $20,000 in student loan debt for certain health care workers who provided medical care during the COVID-19 state of emergency. Eligible applicants include nurses, medical assistants, emergency medical technicians, and other healthcare professionals who worked in hospitals, doctor's offices, nursing homes, or other healthcare facilities during the COVID-19 state of emergency declared in March 2020. The program provides up to $5,000 per year for 4 years for those with a bachelor's degree, and up to $2,500 per year for 4 years for those without a bachelor's degree, as long as the award does not exceed the recipient's remaining student loan balance.

Committee Categories

Education

Sponsors (1)

Last Action

referred to higher education (on 05/04/2020)

bill text


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