Educational Aid and Loan Forgiveness for Public Safety Officers' Families
This act introduces new benefits for families of public safety officers who died or became permanently disabled in the line of duty. It includes a one-time financial assistance payment and forgiveness of up to $25,000 in federal student loans for their children and spouses. The goal is to support education and ease the financial burden on these families.
Key points
Families of deceased public safety officers will receive a one-time financial assistance payment of at least $25,000.
Children and spouses of deceased or permanently disabled officers may have up to $25,000 in federal student loans forgiven.
Forgiven student loan amounts will not be included in taxable income.
Expired
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