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Student financial aid: Assumption Program of Loans for Education.

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

CA AB 843 · Assembly Bill · 2019–2020

Stage
Session ended
Started in
Assembly
Sponsor
1
Latest action
Jun 24, 2019

What it does

Existing law establishes the Assumption Program of Loans for Education, administered by the Student Aid Commission, under which any person enrolled in an eligible institution of postsecondary education, or any person who agrees to participate in a teacher trainee or teacher internship program, is eligible to enter into an agreement for loan assumption, to be redeemed pursuant to a prescribed procedure upon becoming employed as a teacher in an eligible school, if the teacher satisfies certain conditions. The program provides for the assumption of loans for each consecutive year of teaching completed, up to 4 consecutive years. The program provides additional loan assumption benefits of…

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Where it stands

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Current step)

    Passed first chamber · Jun 24, 2019

  4. Law (Needs attention)

    The session ended first

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money in California.

Work with this bill

Student financial aid: Assumption Program of Loans for Education. | 52