Bill > HB627

This bill modifies the authority of the Postsecondary Education Financial Assistance Board regarding forgivable loan programs by removing several specific loan programs and streamlining the board's administrative powers. Specifically, the bill eliminates six previously established forgivable loan programs, including those for medical students, dental students, out-of-state graduate and professional students, health care professionals, family protection specialist social workers, and speech-language pathologists. The bill revises Section 37-106-47 to remove references to specific forgivable loan programs and instead provides the board with broader, more flexible authority to establish, regulate, and administer forgivable loan programs. The board retains the power to create eligibility requirements, determine loan amounts, establish service requirements, enter into contracts with recipients and financial institutions, and allocate funds for student financial aid. The changes will take effect on July 1, 2025, and appear to be aimed at simplifying and consolidating the state's approach to educational loan assistance programs.

Health and Social Services

https://billstatus.ls.state.ms.us/2025/pdf/history/HB/HB0627.xml