H.R. 151 · 109th Congress
Higher Education Affordability Resource Act
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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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MenendezSponsor17 cosponsors · 17 D
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Clyburn
JC
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Conyers
BE
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Etheridge
SJ
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Jones
JM
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McGovern
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Owens
DP
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Payne
JS
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Serrano
RH
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Hinojosa
BL
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Lee
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Neal
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Sánchez
RW
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Wexler
AW
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Weiner
WJ
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Jefferson
CF
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Fattah
JS
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Salazar0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Higher Education Affordability Resource Act - Amends the Internal Revenue Code (IRC) to include coverage of other qualified higher education expenses under the HOPE scholarship tax credit.
What it does: CRS summary · Introduced in House · Jan 4, 2005
Higher Education Affordability Resource Act - Amends the Internal Revenue Code (IRC) to include coverage of other qualified higher education expenses under the HOPE scholarship tax credit.
Amends the Higher Education Act of 1965 (HEA) to establish a program of student loan forgiveness for: (1) highly qualified teachers in low-income communities; (2) highly qualified teachers of mathematics, science, and bilingual and special education; (3) nurses who serve low-income or needy communities in a clinical setting or as members of the nursing faculty at an accredited school of nursing; (4) child welfare workers with a degree in social work or a related field with a focus on serving children and families in public or private child welfare services; and (5) firefighters, police officers, or emergency medical technicians (first responders) who serve low-income communities.
Directs the Secretary of Education, without case-by-case consideration, to allow a student to receive two Pell grants during a single award year under certain conditions.
Excludes from consideration as student assets, for purposes of HEA student financial needs analysis, qualified education benefits from prepayment or savings plans that meet certain IRC requirements.
Requires lenders to provide certain student loan borrowers with special transition assistance plans at specified interest rates.
Establishes a partnership grant program to support academic transfer credits, to help students complete bachelor's degrees, through developing and implementing articulation and guaranteed transfer agreements between institutions of higher education.
Prohibits an eligible institution from refusing to certify, or reduce the amount certified for, a loan under the part B Federal Family Education Loan Program in order to require the student to borrow a loan under the part D Federal Perkins Loans program if the student has remaining loan eligibility under part B.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Higher Education Affordability Resource Act
Latest action (Feb 9, 2005): Referred to the Subcommittee on 21st Century Competitiveness.
Policy area: Education · Origin: House · Introduced: Jan 4, 2005
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.