,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #bhbi  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,april #aj1 #bjbe,mr4 
,c\rtney 7= himself & ,mr4 ,de,saulnier7
 introduc$ ! foll[+ bill2 :i* 0 ref]r$  
to ! ,committee on ,education & ,work=ce
  ,a ,,bill  ,to am5d ! ,high]          
,education ,act ( #aife to improve !    
,public ,s]vice ,loan ,=giv5ess program 
& r$uce int]e/ rates4  #a4 ,%ort title  
,?is ,act may be cit$ z ! ,/r5g!n+      
,ef=ts = ,relief & ,vital ,inc5tives =  
,community ,s]vice & ,engagem5t ,act or 
! ,,s]vice ,act4  #b4 ,am5dm5ts to t]ms 
& conditions ( public s]vice loan       
=giv5ess  7a7 ,numb] ( mon?ly paym5ts   
,p>agraph 7#a7 ( section #dee7m7 ( !    
,high] ,education ,act ( #aife 7#bj     
,u4,s4,c4 #ajhg;e7m77 is am5d$--  7#a7 9
 ! matt] prec$+ subp>agraph 7,a71 by    
/rik+ a borr[] :o & ins]t+ a borr[]2    
7#b7 by am5d+ subp>agraph 7,a7 to read z
 foll[s3  7,a7 :o-- 7i7 has made #if    
qualify+ mon?ly paym5ts on ! eligible   
,f$]al ,direct ,loan aft] ,octob] #a1   

#bjjg2 &  7ii7 has be5 employ$ 9 a      
public s]vice job dur+ ! p]iod 9 :i* !  
borr[] makes ea* ( ! #if qualify+ mon?ly
 paym5ts2 &  2 &  7#c7 by am5d+         
subp>agraph 7,b7 to read z foll[s3  7,b7
 )\t reg>d to ! employm5t /atus ( !     
borr[] at ! "t ( su* cancellation4  4   
7b7 ,r$esignations ,section #dee7m7 ( ! 
,high] ,education ,act ( #aife 7#bj     
,u4,s4,c4 #ajhg;e7m77 is fur!r am5d$ by 
r$esignat+ p>agraphs 7#b71 7#c71 & 7#d71
 z p>agraphs 7#c71 7#f71 & 7#g71        
respectively2  7c7 ,mon?ly paym5ts      
,section #dee7m7 ( ! ,high] ,education  
,act ( #aife 7#bj ,u4,s4,c4 #ajhg;e7m77 
is fur!r am5d$-- 7#a7 by ins]t+ aft]    
p>agraph 7#a71 z s am5d$1 ! foll[+3     
7#b7 ,mon?ly paym5ts  7,a7 ,qualify+    
mon?ly paym5ts ,= ! purpose ( det]m9+ "u
 p>agraph 7#a7 ! numb] ( qualify+ mon?ly
 paym5ts made by a borr[] on an eligible
 ,f$]al ,direct ,loan1 ! ,secret>y %all 
consid] ! borr[] to h made a qualify+   
mon?ly paym5t = ea* mon? t-- 7i7 !      
borr[] pays 7z a lump sum or 9 multiple 

in/allm5ts7 an am\nt t is n less ?an !  
mon?ly paym5t am\nt due on ! eligible   
,f$]al ,direct ,loan pursuant to any "o 
or a comb9ation ( ! foll[+--  7,i7      
paym5ts "u an income-bas$ repaym5t plan 
"u section #dic;,c2  7,,ii7 paym5ts "u a
 /&>d repaym5t plan "u subsection       
7d77#a77;,a71 bas$ on a #aj-ye> repaym5t
 p]iod2  7,,iii7 mon?ly paym5ts "u a    
repaym5t plan "u subsection 7d77#a7 or  
7g7 ( n less ?an ! mon?ly am\nt         
calculat$ "u subsection 7d77#a77;,a71   
bas$ on a #aj-ye> repaym5t p]iod2 or    
7,,iv7 paym5ts "u an income cont+5t     
repaym5t plan "u subsection             
7d77#a77;,d72 or  7ii7 9 lieu ( a paym5t
 describ$ 9 clause 7i71 ! borr[] is 9 "o
 ( ! foll[+ p]iods ( def]m5t or         
=be>ance-- 7,i7 canc] treatm5t def]m5t  
"u section #dbg7;a77#b77;,c77iv71       
#dbh7;b77#a77,m77v71 or #dee7;f77#c72   
7,,ii7 rehabilitation tra9+ program     
def]m5t "u section                      
#dbg7;a77#b77;,c77i77,,ii71             
#dbh7;b77#a77,m77i77,,ii71 or           

#dee7;f77#b77;,a77ii72  7,,iii7 milit>y 
s]vice def]m5t "u section               
#dbh7;b77#a77,m77iii7 or                
#dee7;f77#b77;,c72  7,,iv7 unemploym5t  
def]m5t "u section                      
#dbg7;a77#b77;,c77ii71                  
#dbh7;b77#a77,m77ii71                   
#dbh;,b7d77#a77;,a77i71 or              
#dee7;f77#b77;,b72  7,v7 def]m5t due to 
an economic h>d%ip describ$ 9 section   
#dbg7;a77#b77;,c77iii71 section         
#dbh7;b77#a77,m77iv71 section           
#dbh;,b7d77#a77;,a77i71 section #dce7o71
 or section #dee7;f77#b77;,d72  7,,vi7  
,peace ,corps s]vice def]m5t "u section 
#fhb4baj7;b77#b77;ii7 or #fhb4baj7k7 (  
title #cd1 ,code ( ,f$]al ,regulations  
7or successor regulations71 z made      
applicable to ,direct ,loan borr[]s "u  
section #fhe4bjd7;j7 ( su* title #cd2   
7,,vii7 po/-active-duty /ud5t def]m5t "u
 section #dic;,d2  7,,viii7 ,ameri,corps
 =be>ance "u section                    
#dbh7;c77#c77;,a77i77,,iii72  7,,ix7    
,national ,gu>d ,duty =be>ance "u       

section #fhb4baa7;h77#b77;iii7 or       
#fhe4bje7;a77#g7 ( title #cd1 ,code (   
,f$]al ,regulations 7or successor       
regulations72  7,x7 ,dep>tm5t ( ,def5se 
/ud5t loan repaym5t program =be>ance "u 
section #dbh7;c77#c77;,a77i77,,iv72     
7,,xi7 adm9i/rative =be>ance or m&atory 
adm9i/rative =be>ance "u section        
#dbh7;c77#c77;,d7 or #dbh;,h7e77#g72 or 
7,,xii7 /ud5t loan debt burd5 =be>ance  
"u section #dbh7;c77#c77;,a77i77,,ii74  
7,b7 ,prepaym5ts  7i7 ,9 g5]al ,subject 
to clause 7ii71 if1 = any mon?1 a borr[]
 makes a qualify+ mon?ly paym5t on an   
eligible ,f$]al ,direct ,loan 9 an am\nt
 t exce$s ! mon?ly paym5t am\nt due on  
su* loan = su* mon?1 ! ,secret>y %all-- 
7,i7 if ! excess am\nt is less ?an !    
mon?ly paym5t am\nt due = ! subsequ5t   
mon? on su* loan1 apply ! excess am\nt  
t[>d ! mon?ly paym5t am\nt due = su*    
subsequ5t mon?2  7,,ii7 if ! excess     
am\nt is equal to ! mon?ly paym5t am\nt 
due = ! subsequ5t mon? on su* loan1     
treat ! excess am\nt z ! mon?ly paym5t =

 su* subsequ5t mon?2  7,,iii7 if !      
excess am\nt is great] ?an ! mon?ly     
paym5t am\nt due = ! subsequ5t mon? on  
su* loan1 b less ?an ! total mon?ly     
paym5t am\nts due = ! #b subsequ5t mon?s
 on su* loan--  7aa7 treat ! portion ( !
 excess am\nt t cov]s ! mon?ly paym5t   
am\nt due = ! subsequ5t mon? z ! mon?ly 
paym5t = su* subsequ5t mon?2 &  7bb7    
apply ! rema9d] ( ! excess am\nt t[>d ! 
mon?ly paym5t am\nt due = ! second      
subsequ5t mon?2  7,,iv7 if ! excess     
am\nt is equal to or great] ?an ! mon?ly
 paym5t am\nt due = ! #b subsequ5t mon?s
 on su* loan1 b less ?an ! total mon?ly 
paym5t am\nts due = ! #c subsequ5t mon?s
 on su* loan-- 7aa7 treat ! portion ( ! 
excess am\nt t cov]s ! mon?ly paym5t    
am\nts due = ! subsequ5t mon? & ! second
 subsequ5t mon? z ! mon?ly paym5ts = su*
 mon?s2 &  7bb7 apply any rema9d] ( su* 
excess am\nt t[>d ! mon?ly paym5t am\nt 
due = ! ?ird subsequ5t mon?2  7,v7 if ! 
excess am\nt is equal to ! mon?ly paym5t
 am\nts due = ! #c subsequ5t mon?s on   

su* loan1 treat ! excess am\nt z !      
mon?ly paym5ts = su* mon?s2  7,,vi7 if !
 excess am\nt is great] ?an ! mon?ly    
paym5t am\nts due = ! #c subsequ5t mon?s
 on su* loan-- 7aa7 treat ! portion ( ! 
excess am\nt t cov]s ! mon?ly paym5t    
am\nts due = ! #c subsequ5t mon?s z !   
mon?ly paym5ts = su* mon?s2 &  7bb7     
apply any rema9d] ( su* excess am\nt to 
! pr9cipal balance ( ! eligible ,f$]al  
,direct loan2 &  7,,vii7 not)/&+        
subclauses 7,i7 ?r\gh 7,,vi71 if !      
borr[] has a mon?ly paym5t am\nt due on 
su* loan = su* mon? t is equal to #j1   
apply any excess am\nt = su* mon? to !  
pr9cipal balance ( ! eligible ,f$]al    
,direct loan4  7ii7 ,alt]native         
application ,prior to or at ! "t ( mak+ 
a paym5t t exce$s ! mon?ly paym5t am\nt 
due on an eligible ,f$]al ,direct ,loan 
= su* mon?1 a borr[] may reque/ t any   
excess am\nt = su* mon? be appli$ to !  
pr9cipal balance ( an eligible ,f$]al   
,direct loan 9 lieu ( su* excess am\nt  
be+ appli$ 9 accordance ) clause 7i74   

7,c7 ,buyback paym5t process  7i7 ,9    
g5]al ,! ,secret>y %all e/abli% a       
buyback paym5t process "u :i* a qualifi$
 borr[] ( an eligible ,f$]al ,direct    
,loan may make a buyback paym5t 9 ord]  
to h eligible mon?s ( ! borr[]'s public 
s]vice employm5t p]iod dur+ :i* ! borr[]
 did n make a qualify+ mon?ly paym5t on 
su* loan be treat$ z if ! borr[] _h made
 a qualify+ mon?ly paym5t on su* loan4  
7ii7 ,qualifi$ borr[] ,a borr[] is a    
qualifi$ borr[] = ! purposes ( mak+ a   
buyback paym5t 9 accordance ) ?is       
subp>agraph if ! borr[]-- 7,i7 has an   
eligible ,f$]al ,direct ,loan t is n 9  
default2  7,,ii7 has be5 employ$ 9 a    
public s]vice job = n less ?an a #if    
mon? employm5t p]iod1 b dur+ su*        
employm5t p]iod has made few] ?an #if   
qualify+ mon?ly paym5ts on an eligible  
,f$]al ,direct ,loan2 &  7,,iii7 reque/s
 to make a buyback paym5t 9 accordance )
 ?is subp>agraph4  7iii7 ,eligible mon? 
,= ! purposes ( ?is subp>agraph1 an     
eligible mon? means a mon? dur+ :i* a   

qualifi$ borr[] 0 employ$ 9 a public    
s]vice job1 0 n 9 an 9-s*ool def]m5t or 
grace p]iod1 & did n make a qualify+    
mon?ly paym5t on an eligible ,f$]al     
,direct ,loan = su* mon?-- 7,i7 because 
! borr[] made a mon?ly paym5t on su*    
eligible ,f$]al ,direct ,loan pursuant  
to a repaym5t plan t is n a qualify+    
repaym5t plan2  7,,ii7 because ! borr[] 
0 9 a p]iod ( def]m5t or =be>ance o!r   
?an a p]iod describ$ 9 clause 7ii7 (    
subp>agraph 7,a72 or  7,,iii7 = ano!r   
reason det]m9$ appropriate by !         
,secret>y4  7iv7 ,buyback paym5t        
requirem5ts ,a buyback paym5t made 9    
accordance ) ?is subp>agraph-- 7,i7 %all
 be made by a qualifi$ borr[] z a lump  
sum paym5t am\nt1 & 9 an am\nt t equals 
! total am\nt ! borr[] w\ld h paid 9    
qualify+ mon?ly paym5ts on ! eligible   
,f$]al ,direct ,loan = all eligible     
mon?s ! borr[] is reque/+ to buyback1   
pursuant to a qualify+ repaym5t plan    
applicable to ! borr[]1 9 accordance )  
section #fhe4bai7;g77#f7 ( title #cd1   

,code ( ,f$]al ,regulations 7z su*      
section is 9 effect on ! date ( enactm5t
 ( ?is p>agraph7 or any o!r relevant    
regulations 9 effect on su* date2       
7,,ii7 may n be made ) respect to an    
eligible ,f$]al ,direct ,loan t has be5 
paid (f1 dis*>g$1 or cancell$2 &        
7,,iii7 ) respect to an eligible ,f$]al 
,direct ,loan t is a consolidation loan1
 may n be us$ to buyback eligible mon?s 
t occurr$ be=e ! date ( ! consolidation 
( su* loan4  7,d7 ,hold h>mless aga9/   
retroactive det]m9ations ,= purposes (  
det]m9+ "u p>agraph 7#a7 ! numb] (      
qualify+ mon?ly paym5ts made by a       
borr[]1 any paym5t or p]iod ( def]m5t or
 =be>ance t is det]m9$ to be a qualify+ 
mon?ly paym5t may n1 at a lat] "t1 be   
det]m9$ n to be a qualify+ mon?ly       
paym5t4  2 &  7#b7 9 p>agraph 7#f71 z   
r$esignat$ by section #b7;b71 by add+ at
 ! end ! foll[+3  7,c7 ,qualify+        
repaym5t plan ,! t]m qualify+ repaym5t  
plan means any ( ! repaym5t plans li/$ 9
 clause 7i7 ( p>agraph 7#b77;,a74  4    

7d7 ,loan cancellation ,p>agraph 7#c7 ( 
section #dee7m7 ( ! ,high] ,education   
,act ( #aife 7#bj ,u4,s4,c4 #ajhg;e7m771
 z r$esignat$ by subsection 7b71 is     
am5d$ to read z foll[s3  7#c7 ,loan     
cancellation am\nt ,^u c]tification by a
 borr[] ( completion ( #if qualify+     
mon?ly paym5ts by ! borr[]1 ! ,secret>y 
%all det]m9e :e!r ! borr[] meets ea* ( !
 requirem5ts ( p>agraph 7#a71 &-- 7,a7  
if ! ,secret>y det]m9es t ! borr[] does 
meet su* requirem5ts1 cancel !          
obligation to repay ! balance ( pr9cipal
 & int]e/ due z ( ! "t ( su*            
cancellation on ! eligible ,f$]al       
,direct ,loans made to ! borr[] "u ?is  
"p1 )\t fur!r action by ! borr[]2 or    
7,b7 if ! ,secret>y det]m9es t ! borr[] 
does n meet su* requirem5ts1 notify !   
borr[] ( su* det]m9ation 9 accordance ) 
p>agraph 7#d74  4  7e7 ,reconsid]ation  
process ,section #dee7m7 ( ! ,high]     
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajhg;e7m771 z r$esignat$ by subsection 
7b71 is fur!r am5d$ by ins]t+ aft]      

p>agraph 7#c71 z s am5d$1 ! foll[+3     
7#d7 ,initial det]m9ation (             
ineligibility = loan cancellation ,9 a  
case 9 :i* ! ,secret>y det]m9es t a     
borr[] has n met ! requirem5ts (        
p>agraph 7#a71 ! ,secret>y %all-- 7,a7  
notify ! borr[] t--  7i7 ! borr[]'s     
application has be5 d5i$1 includ+ !     
basis = su* d5ial2  7ii7 ! borr[] is 9 a
 #ij-;day =be>ance p]iod describ$ 9     
subp>agraph 7,b72 &  7iii7 ! ,secret>y w
 resume collection ( ! eligible ,f$]al  
,direct ,loans = :i* ! borr[] 0 seek+   
loan cancellation "u ?is subsection aft]
 su* #ij-;day =be>ance p]iod1 unless !  
borr[] opts to ext5d su* =be>ance p]iod 
"u p>agraph 7#e77;,a77ii72 &  7,b7 grant
 ! borr[] a #ij-;day =be>ance p]iod1    
beg9n+ on ! date ( ! notice describ$ 9  
subp>agraph 7,a7 provid$ to ! borr[]1 & 
dur+ :i*--  7i7 paym5ts ( pr9cipal &    
int]e/ ne$ n be made on ! eligible      
,f$]al ,direct ,loans = :i* ! borr[] 0  
seek+ loan cancellation "u ?is          
subsection2 &  7ii7 any int]e/ accru$ & 

n paid may n be capitaliz$4  7#e7       
,reconsid]ation process  7,a7 ,reque/ = 
reconsid]ation ,n lat] ?an #ij days aft]
 ! date ( ! notice describ$ 9 p>agraph  
7#d77;,a7 provid$ to ! borr[]--  7i7 !  
borr[] may reque/1 on a =m approv$ by ! 
,secret>y1 t ! ,secret>y reconsid] !    
basis = ! ,secret>y's d5ial "u p>agraph 
7#d77;,a77i72 &  7ii7 if ! ,secret>y    
grants ! borr[]'s reconsid]ation reque/1
 (f] ! borr[] an ext5sion ( ! #ij-;day  
=be>ance p]iod describ$ 9 p>agraph      
7#d77;,b71 :i* %all--  7,i7 beg9 on !   
date ( ! borr[]'s reconsid]ation reque/ 
"u ?is subp>agraph2 &  7,,ii7 end on !  
date ( ! notice provid$ to ! borr[] "u  
subp>agraph 7,c77i77,i7 ( ! ,secret>y's 
reconsid]ation decision4  7,b7          
,consid]ation ( reconsid]ation reque/ ,9
 evaluat+ a reconsid]ation reque/ f a   
borr[]1 ! ,secret>y %all consid] any    
relevant evid5ce or support+            
docum5tation t may assi/ ! ,secret>y 9  
det]m9+ :e!r ! borr[] meets ea* ( !     
requirem5ts ( p>agraph 7#a7 to qualify =

 loan cancellation "u ?is subsection4   
7,c7 ,decision by ! ,secret>y  7i7 ,9   
g5]al ,n lat] ?an #f mon?s aft] receipt 
( a borr[]'s reconsid]ation reque/1 !   
,secret>y %all--  7,i7 notify ! borr[] (
 ! reconsid]ation decision & ! reason = 
! ,secret>y's det]m9ation2  7,,ii7 9 a  
case 9 :i* ! reconsid]ation reque/ is   
grant$1 adju/ ! borr[]'s numb] (        
qualify+ mon?ly paym5ts "u p>agraph 7#a7
 or cancel ! loan "u p>agraph 7#c72 &   
7,,iii7 9 a case 9 :i* ! ,secret>y d5ies
 ! reconsid]ation reque/1 ) respect to a
 borr[] :o agrees to ! =be>ance ext5sion
 describ$ 9 subp>agraph 7,a77ii71       
include 9 ! notice provid$ to ! borr[]  
"u subclause 7,i71 a rem9d] t !         
,secret>y w resume collection ( !       
eligible ,f$]al ,direct ,loans = :i* !  
borr[] 0 seek+ loan cancellation "u ?is 
subsection z ( ! date ( su* notice4     
7ii7 ,f9al decision ,aft] ! ,secret>y   
makes a decision on ! borr[]'s          
reconsid]ation reque/1 ! ,secret>y's    
decision is f9al1 & ! borr[] w n receive

 additional reconsid]ation4  4  #c4     
,t]ms & conditions ( employm5t  7a7     
,indep5d5t contractors ,section #dee7m7 
is fur!r am5d$ by add+ at ! end !       
foll[+3  7#h7 ,treatm5t ( indep5d5t     
contractors ,= purposes ( ?is           
subsection1 ea* ref]5ce to employm5t &  
employ$ %all be treat$ z includ+ "w z an
 indep5d5t contractor4  4  7b7          
,def9itions ,p>agraph 7#f7 ( section    
#dee7m7 ( ! ,high] ,education ,act (    
#aife 7#bj ,u4,s4,c4 #ajhg;e7m771 z     
r$esignat$ by section #b7;b71 is fur!r  
am5d$ by add+ at ! end ! foll[+3  7,d7  
,full-"t ,! t]m full-"t means1 ) respect
 to a public s]vice job1 work+ #a or m  
su* jobs--  7i7 a m9imum av]age ( #cj   
h\rs p] week dur+ ! p]iod be+ c]tifi$2  
7ii7 a m9imum ( #cj h\rs p] week ?r\gh\t
 a contractual or employm5t p]iod ( at  
lea/ #h mon?s 9 a #ab-mon? p]iod2 &     
7iii7 ) respect to an individual :o is 9
 nont5ure track employm5t at an         
in/itution ( high] education1 !         
equival5t ( #cj h\rs p] week z det]m9$  

by multiply+ ea* cr$it or contact h\r   
taught by su* individual p] week by a   
numb] to be det]m9$ by ! ,secret>y4     
7,e7 ,indep5d5t contractor ,! t]m       
indep5d5t contractor means an individual
 :o is n an employee & :o is work+ 9 a  
public s]vice job 9 a position or       
provid+ s]vices :i*1 "u applicable ,/ate
 law1 _c be fill$ or provid$ by an      
employee ( ! public s]vice job4  4  #d4 
,onl9e portal & database ( public s]vice
 jobs ,section #dee7m7 ( ! ,high]       
,education ,act ( #aife is fur!r am5d$  
by add+ at ! end ! foll[+3  7#i7 ,onl9e 
portal & database ( public s]vice jobs  
7,a7 ,onl9e portal  7i7 ,borr[]s ,!     
,secret>y %all e/abli% an onl9e portal t
 provides to borr[]s ( eligible ,f$]al  
,direct ,loans ! foll[+ in=mation3 7,i7 
,in/ructions on h[ to access ! database 
e/abli%$ "u subp>agraph 7,b7 s t !      
borr[] c det]m9e :e!r ! borr[] is       
employ$ 9 a public s]vice job4  7,,ii7  
,an id5tification ( ! loans ( ! borr[] t
 are eligible ,f$]al ,direct ,loans1 &  

an id5tification ( ! qualify+ repaym5t  
plans = :i* su* eligible ,f$]al ,direct 
,loans qualify4  7,,iii7 ,) respect to  
ea* su* eligible ,f$]al ,direct ,loan-- 
7aa7 ! numb] ( qualify+ mon?ly paym5ts !
 borr[] has made 9 accordance ) p>agraph
 7#a72 &  7bb7 ! e/imat$ numb] (        
qualify+ mon?ly paym5ts "u su* p>agraph 
rema9+ on su* loan be=e ! borr[] may be 
eligible = loan cancellation "u ?is     
subsection4  7,,iv7 ,) respect to ea*   
loan ( ! borr[] t is n eligible = loan  
cancellation "u p>agraph 7#c7 ( ?is     
subsection1 an explanation ( :y ! loan  
is n s eligible & in/ructions on h[ :at1
 if any?+1 ! borr[] may d to make ! loan
 s eligible4  7,v7 ,in/ructions = !     
submission ( any =ms associat$ ) su*    
loan cancellation1 & an ability = !     
borr[] to use ! portal to electronically
 sign & submit su* =ms4  7,,vi7 ,9 a    
case 9 :i* a borr[] submits to !        
,secret>y an application = loan         
cancellation "u ?is subsection t is d5i$
 by ! ,secret>y-- 7aa7 a notice ( su*   

d5ial t meets ea* ( ! requirem5ts (     
p>agraph 7#d77;,a71 includ+ an          
explanation ( ! #ij-;day =be>ance p]iod2
  7bb7 a =m t meets ea* ( ! requirem5ts 
( p>agraph 7#e77;,a71 :i* ! borr[] may  
use to reque/ reconsid]ation ( su*      
d5ial1 includ+ accept+ an ext5sion ( !  
#ij-;day =be>ance p]iod2 &  7cc7 a      
notice ( ! ,secret>y's reconsid]ation   
decision1 :i* meets ea* ( ! requirem5ts 
( p>agraph 7#e77;,c74  7,,vii7 ,an      
explanation ( ! buyback paym5t process  
describ$ 9 p>agraph 7#b77;,c71 & a =m to
 reque/ su* a buyback1 includ+ !        
eligible mon?s = :i* ! borr[] may reque/
 a buyback1 & ! am\nt t ! borr[] w\ld be
 requir$ to pay = su* buyback4  7,,viii7
 ,an explanation ( h[ consolidat+ "o or 
m ,direct ,loans into a ,direct         
,consolidation ,loan1 includ+ a ,direct 
,,plus ,loan made to a p>5t borr[]1 w   
affect ! numb] ( qualify+ mon?ly paym5ts
 attribut$ to ! borr[]4  7ii7           
,appropriate contacts ,! ,secret>y %all 
ensure t an appropriate contact = a     

public s]vice job ( a borr[] has !      
option to electronically sign & submit  
any =ms associat$ ) loan cancellation "u
 p>agraph 7#c7 ( ?is subsection4  7iii7 
,in=mation ,! ,secret>y %all ensure t   
any in=mation provid$ ?r\gh ! onl9e     
portal describ$ 9 ?is subp>agraph       
conta9s up-to-date in=mation4  7,b7     
,database ( public s]vice jobs  7i7 ,9  
g5]al ,! ,secret>y1 9 consultation ) !  
,secret>y ( ,labor1 %all e/abli% &      
regul>ly update a database t li/s public
 s]vice jobs4  7ii7 ,public availability
 ,! database e/abli%$ "u clause 7i7 %all
 be made available on a publicly        
accessible website ( ! ,dep>tm5t (      
,education 9 an easily se>*able =mat4  4
  #e4 ,treatm5t ( p]iods ( def]m5t &    
=be>ance  7a7 ,9 g5]al ,section #dee7;f7
 ( ! ,high] ,education ,act ( #aife 7#bj
 ,u4,s4,c4 #ajhg;e7f77 is am5d$-- 7#a7 9
 ! subsection head+1 by ins]t+ &        
=be>ance at ! end2  7#b7 9 p>agraph     
7#a77;,b71 by /rik+ capitaliz$ or2 &    
7#c7 by add+ at ! end ! foll[+3  7#g7   

,=be>ance ,) respect to a loan t is 9 a 
p]iod ( =be>ance1 int]e/ on su* loan may
 n be capitaliz$ aft] ! conclusion ( su*
 p]iod4  4  7b7 ,application ( am5dm5t  
,! am5dm5ts made by subsection 7a7 %all 
apply to any p]iod ( def]m5t or =be>ance
 9 effect z ( ! date ( ! enactm5t ( ?is 
,act1 & any p]iod ( def]m5t or =be>ance 
beg9n+ on or aft] su* date ( enactm5t4  
#f4 ,treatm5t ( consolidat$ & ref9anc$  
loans ,section #dee7m77#b7 ( ! ,high]   
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajhg;e7m77#b71 z am5d$ by ! prec$+     
provisions ( ?is ,act1 is fur!r am5d$ by
 ins]t+ aft] subp>agraph 7,d7 ! foll[+3 
7,e7 ,det]m9ation ( numb] ( qualify+    
mon?ly paym5ts = consolidation loans ,) 
respect to det]m9+ ! numb] ( qualify+   
mon?ly paym5ts = a borr[] seek+ loan    
=giv5ess "u ?is subsection :o           
consolidates "o or m ,direct ,loans into
 a ,direct ,consolidation ,loan1 includ+
 a ,direct ,,plus ,loan made to a p>5t  
borr[]1 ! ,secret>y %all use ! weight$  
av]age ( ! paym5ts ! borr[] made on !   

,direct ,loans prior to consolidat+ t   
met ! crit]ia "u ?is subsection4  4  #g4
 ,loan =giv5ess = tea*]s  7a7 ,9 g5]al  
,! ,high] ,education ,act ( #aife 7#bj  
,u4,s4,c4 #ajja et seq47 is fur!r       
am5d$-- 7#a7 9 section #dbh;,j7g77#b7   
7#bj ,u4,s4,c4 #ajgh-aj7;g77#b77--  7,a7
 9 subp>agraph 7,a71 by ins]t+ or aft] !
 semicolon at ! end2  7,b7 by /rik+     
subp>agraph 7,b72 &  7,c7 by r$esignat+ 
subp>agraph 7,c7 z subp>agraph 7,b72 &  
7#b7 9 section #dfj7;g77#b7 7#bj        
,u4,s4,c4 #ajhg;j7g77#b77--  7,a7 9     
subp>agraph 7,a71 by ins]t+ or aft] !   
semicolon at ! end2  7,b7 by /rik+      
subp>agraph 7,b72 &  7,c7 by r$esignat+ 
subp>agraph 7,c7 z subp>agraph 7,b74    
7b7 ,con=m+ am5dm5t ,section #dee7m77#g7
 ( ! ,high] ,education ,act ( #aife1 z  
r$esignat$ by section #b7;b7 ( ?is ,act1
 is am5d$ by /rik+ section #dbh;,j1     
#dbh,k1 #dbh,l1 or #dfj & ins]t+ section
 #dbh,k or #dbh,l4  #h4 ,,gao /udy on   
data mat*+ agreem5ts = public s]vice    
loan =giv5ess  7a7 ,9 g5]al ,!          

,comptroll] ,g5]al ( ! ,unit$ ,/ates    
%all conduct a /udy on ! feasibility (  
e/abli%+ data mat*+ agreem5ts = public  
s]vice loan =giv5ess "u section #dee7m7 
( ! ,high] ,education ,act ( #aife 7#bj 
,u4,s4,c4 #ajhg;e7m77 t w\ld all[ a     
borr[] to =ego reque/+ c]tification (   
employm5t f ! appropriate contact = !   
public s]vice job ( ! borr[]4 ,! /udy   
%all include an exam9ation ( ! ,dep>tm5t
 ( ,education & ! ,dep>tm5t ( ,def5se's 
progress t[>ds automatic data mat*+ =   
milit>y & vet]an borr[]s4  7b7 ,report  
,n lat] ?an #a ye> aft] ! date (        
enactm5t ( ?is ,act1 ! ,comptroll]      
,g5]al %all submit a report to !        
,committee on ,education & ,work=ce ( ! 
,h\se ( ,repres5tatives & ! ,committee  
on ,heal?1 ,education1 ,labor1 &        
,p5sions ( ! ,s5ate conta9+ ! f9d+s &   
recomm5dations result+ f ! /udy requir$ 
"u subsection 7a74  7c7 ,coop]ation ,!  
head ( ea* relevant ,f$]al ag5cy1       
includ+ ! ,secret>y ( ,education1       
,secret>y ( ,def5se1 & ,commission] (   

,int]nal ,rev5ue1 %all coop]ate ) !     
,comptroll] ,g5]al to facilitate !      
completion ( ! /udy requir$ "u          
subsection 7a74