United States 113th Congress Status: Died 1 D cosponsors

HR 5568 — B-On-Time Student Loan Relief Act of 2014

Last action — Referred to the Subcommittee on Higher Education and Workforce Training.

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. Died in session

This bill died with 113th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

B-On-Time Student Loan Relief Act of 2014 - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to direct the Secretary of Education to award interest-free loans to students who meet any prerequisites that the Secretary requires. Requires eligible students, at a minimum, to: have either graduated on or after the 2013-2014 school year from a secondary school in the United States, one operated by the Department of Defense (DOD), or its equivalent or earned an associate's degree from an institution of higher education (IHE) on or after May 1, 2013; have not earned a bachelor's degree; be enrolled on a full-time basis in an IHE undergraduate degree or certificate program; and have completed a Free Application for Federal Student Aid (FAFSA) and met the eligibility requirements for title IV assistance. Directs the Secretary to forgive students' outstanding principal on such interest-free loans if they: receive a bachelor's degree within a set timeframe, determined by the Secretary; maintained a certain grade point average or majored in a science, technology, engineering, or mathematics (STEM) field while enrolled in the IHE; and meet any other requirements established by the Secretary. Requires the Secretary to award such loans and grant such loan forgiveness on a first-come, first-served basis, subject to the availability of appropriations.

Bill Text

We don't have the full text on file for this bill yet.

Read HR 5568 on the official United States source →

Action History

  1. Referred to the Subcommittee on Higher Education and Workforce Training.

  2. Referred to the House Committee on Education and the Workforce.

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 546 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (546)

546 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Subjects

education
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Frequently asked questions

What does HR 5568 do?
B-On-Time Student Loan Relief Act of 2014 - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to direct the Secretary of Education to award interest-free loans to students who meet any prerequisites that the Secretary requires. Requires eligible students, at a minimum, to: have either graduated on or after the 2013-2014 school year from a secondary school in the United States, one operated by the Department of Defense (DOD), or its equivalent or earned an associate's degree from an institution of higher education (IHE) on or after May 1, 2013; have not earned a bachelor's degree; be enrolled on a full-time basis in an IHE undergraduate degree or certificate program; and have completed a Free Application for Federal Student Aid (FAFSA) and met the eligibility requirements for title IV assistance. Directs the Secretary to forgive students' outstanding principal on such interest-free loans if they: receive a bachelor's degree within a set timeframe, determined by the Secretary; maintained a certain grade point average or majored in a science, technology, engineering, or mathematics (STEM) field while enrolled in the IHE; and meet any other requirements established by the Secretary. Requires the Secretary to award such loans and grant such loan forgiveness on a first-come, first-served basis, subject to the availability of appropriations.
Who sponsors HR 5568?
HR 5568 is sponsored by Joaquin Castro (D).
What is the current status of HR 5568?
This bill died with 113th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HR 5568?
Track HR 5568 free on One Click Politics — get push/email alerts when it moves.

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