Professional Degree Access Restoration Act
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Overview
This bill, the Professional Degree Access Restoration Act, aims to restore federal student loan availability for graduate and professional students. It modifies the Higher Education Act of 1965 to increase loan limits, reversing reductions that were put in place in 2012. Specifically, the bill removes restrictions on loan amounts for students pursuing professional degrees, allowing for more funding to be available. This change is intended to improve access to graduate and professional programs.
Key provisions
- Increases federal loan availability for graduate and professional students.
- Reverses loan reduction policies enacted in 2012.
- Modifies the Higher Education Act of 1965.
- Removes restrictions on loan amounts for professional degree programs.
- Redesignates and renumbers existing loan paragraphs within the Act.
Who is affected
- Graduate students
- Professional students
- Higher education institutions
- Federal loan borrowers
Notable changes
- Reverses loan reduction policies from 2012.
- Eliminates restrictions on loan amounts for students beginning instruction after July 1, 2012.
Bill text
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Sponsors
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51 on record
Primary sponsor
Cosponsors
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