S. 2458 — Introduced in Senate

II 113th CONGRESS 2d Session S. 2458 IN THE SENATE OF THE UNITED STATES June 10, 2014 Mr. Walsh introduced the following bill; which was read twice and referred to the Committee on Indian Affairs A BILL To provide student loan forgiveness for American Indian educators teaching in local educational agencies with a high percentage of American Indian students. 1. Short title This Act may be cited as the American Indian Teacher Loan Forgiveness Act of 2014. 2. Student loan forgiveness for American Indian educators teaching in local educational agencies with a high percentage of American Indian students (a) Part B loans Section 428J(c) of the Higher Education Act of 1965 (20 U.S.C. 1078–10(c)) is amended by adding at the end the following: (4) American Indian teachers in local educational agencies with a high percentage of American Indian students Notwithstanding the amount specified in paragraph (1) and the requirements under subparagraphs (A) and (B) of subsection (b)(1), the aggregate amount that the Secretary shall repay under this section shall be not more than $17,500 in the case of a borrower who— (A) has been employed as a full-time teacher for 5 consecutive complete school years as a teacher in a local educational agency described in section 7112(b) of the Elementary and Secondary Education Act of 1965 or in a school overseen by the Bureau of Indian Education of the Department; and (B) is a member of an Indian tribe (as defined in section 4 of the Indian Self-Determination and Education Assistance Act (25 U.S.C. 450b)). . (b) Part D loans Section 460(c) of the Higher Education Act of 1965 (20 U.S.C. 1087j(c)) is amended by adding at the end the following: (4) American Indian teachers in local educational agencies with a high percentage of American Indian students Notwithstanding the amount specified in paragraph (1) and the requirements under subparagraphs (A) and (B) of subsection (b)(1), the aggregate amount that the Secretary shall cancel under this section shall be not more than $17,500 in the case of a borrower who— (A) has been employed as a full-time teacher for 5 consecutive complete school years as a teacher in a local educational agency described in section 7112(b) of the Elementary and Secondary Education Act of 1965 or in a school overseen by the Bureau of Indian Education of the Department; and (B) is a member of an Indian tribe (as defined in section 4 of the Indian Self-Determination and Education Assistance Act (25 U.S.C. 450b)). .