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Fulbright Programs Count Towards Public Service Student Loan Forgiveness.

This bill makes it easier for individuals serving in the Fulbright Teacher Exchange Program or as Fulbright English Teaching Assistants to repay their student loans. The change ensures that time spent in these specific programs is treated as public service employment, which is essential for qualifying for the Public Service Loan Forgiveness (PSLF) program. Citizens participating in these programs can achieve student debt relief sooner, providing a direct financial benefit.
Key points
Participation in the Fulbright Teacher Exchange Program is now recognized as qualifying public service employment.
Participation in the Fulbright English Teaching Assistant Program also qualifies for student loan cancellation.
Individuals with significant student debt working in these programs can benefit from faster debt cancellation under the PSLF plan.
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Additional Information
Print number: 118_HR_8960
Sponsor: Rep. Beyer, Donald S. [D-VA-8]
Process start date: 2024-07-09