- Stage
- In committee
- Started in
- House
- Sponsors
- 7
- Latest action
- Apr 10, 2025
What it does
Strengthening Efforts for Relief and Vital Incentives for Community Service and Engagement Act or the SERVICE Act This bill makes changes to the Public Service Loan Forgiveness (PSLF) program. Under the current PSLF program, the Department of Education (ED) must cancel the balance of interest and principal due on a borrower's Federal Direct Loans after the borrower makes 120 monthly loan payments while employed in a public service job and, at the time of loan forgiveness, the borrower is employed in a public service job. Among other changes to the PSLF program, this bill reduces from 120 to 96 the number of monthly payments required for loan forgiveness; expands qualifying monthly payments,…
Official summary · Introduced in House · Apr 10, 2025
Titles and provisions can change as the bill moves.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.