[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1751 Introduced in House (IH)]
108th CONGRESS
1st Session
H. R. 1751
To expand the teacher loan forgiveness programs under the Federal
Family Education Loan and Federal Direct Loan programs.
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IN THE HOUSE OF REPRESENTATIVES
April 10, 2003
Mr. Moore (for himself, Mr. Frost, Mr. Frank of Massachusetts, Mr.
Davis of Illinois, Mr. Engel, Mrs. Davis of California, Mr. Rodriguez,
Mr. Kucinich, Mr. Serrano, Mr. Sandlin, Ms. McCarthy of Missouri, Mrs.
Jones of Ohio, Mr. Boucher, Mr. McGovern, Mr. Doyle, Mr. Davis of
Florida, Mr. Stenholm, Ms. Carson of Indiana, Mr. Rangel, Mr. Udall of
Colorado, Mrs. McCarthy of New York, Mr. Nadler, Mr. Abercrombie, Mr.
Etheridge, and Mr. Allen) introduced the following bill; which was
referred to the Committee on Education and the Workforce
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A BILL
To expand the teacher loan forgiveness programs under the Federal
Family Education Loan and Federal Direct Loan programs.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Teacher Recruitment and Retention
Act of 2003''.
SEC. 2. EXPANDED STUDENT LOAN FORGIVENESS.
(a) FFEL Loans.--Section 428J(c) of the Higher Education Act of
1965 (20 U.S.C. 1078-10(c)) is amended by adding at the end the
following new paragraph:
``(3) Additional amounts for expanded program.--
``(A) Larger amounts from appropriated funds;
elimination of delay.--Notwithstanding the amount
specified in paragraph (1), the aggregate amount that
the Secretary may, from funds appropriated under
subparagraph (D), repay under this section is a total
amount equal to not more than $17,500 of the aggregate
of the loan obligation on a loan made under section 428
or 428H that is outstanding after the completion of the
first complete school year of service qualifying under
this paragraph. Such amount shall be repaid,
notwithstanding subsection (b)(1), as soon as
practicable after the end of each complete school year
at the rate of 15 percent of such amount for each of
the first and second years of such service, 20 percent
for each of the third or fourth years of such service,
and 30 percent for the fifth year of such service.
``(B) Expanded service eligibility; elimination of
new borrower restriction.--Notwithstanding subsection
(b)(1), the Secretary shall carry out a program,
through the holder of the loan, of assuming the
obligation to repay, using funds appropriated under
subparagraph (D), a qualified loan amount for a loan
made under section 428 or 428H for any borrower who is
not in default on a loan for which the borrower seeks
forgiveness and who has been employed--
``(i) as a full-time teacher in a school
that qualifies under section 465(a)(2)(A) for
loan cancellation for Perkins loan recipients
who teach in such schools;
``(ii) as a full-time special education
teacher, as described in section 465(a)(2)(C);
or
``(iii) as a full-time teacher of
mathematics, science, foreign languages,
bilingual education, or any other field of
expertise where the State educational agency
determines there is a shortage of qualified
teachers.
``(C) Award basis; priority.--The Secretary shall
make payments under this paragraph to elementary or
secondary school teachers who meet the requirements of
subparagraph (B) on a first-come first-served basis,
subject to the availability of appropriations.
``(D) Authorization of appropriations.--There are
authorized to be appropriated to carry out this
paragraph such sums as may be necessary for fiscal year
2003 and for each of the 4 succeeding fiscal years.''.
(b) Direct Loans.--Section 460(c) of the Higher Education Act of
1965 (20 U.S.C. 1087j(c)) is amended by adding at the end the following
new paragraph:
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