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Full Student Loan Forgiveness for Educators Serving High-Need Communities.

This Act establishes a program offering 100% forgiveness of federal student loans for teachers, school leaders, and early childhood educators. To qualify, individuals must complete five years of full-time service in high-need schools or early childhood education programs. The goal is to stabilize the educator workforce in underserved communities and provide substantial financial relief to those who commit to this service.
Key points
100% cancellation of covered student loans (FFEL and Direct Loans) after 5 years of full-time service in high-need schools or early childhood programs.
The government covers minimum monthly loan payments during the 5-year service period, immediately reducing financial burden and counting toward the final forgiveness.
Eligibility extends to a wide range of educators, including teachers, school leaders, early childhood staff, and certain Parent PLUS loan borrowers.
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Additional Information
Print number: 118_S_963
Sponsor: Sen. Lujan, Ben Ray [D-NM]
Process start date: 2023-03-23
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Loan Forgiveness for Educators Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_963.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2023-03-23.

What are the main provisions?

Key points include:

  • 100% cancellation of covered student loans (FFEL and Direct Loans) after 5 years of full-time service in high-need schools or early childhood programs.
  • The government covers minimum monthly loan payments during the 5-year service period, immediately reducing financial burden and counting toward the final forgiveness.
  • Eligibility extends to a wide range of educators, including teachers, school leaders, early childhood staff, and certain Parent PLUS loan borrowers.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Lujan, Ben Ray [D-NM].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

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