S. 4281 · 118th Congress · Senate

Student Loan Forgiveness for Farmers and Ranchers Act

Active· Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Introduced
May 8, 24
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Student Loan Forgiveness for Farmers and Ranchers Act

This bill establishes a student loan forgiveness program for certain farmers or ranchers.

Specifically, to receive loan forgiveness under this bill, a borrower must (1) make 120 monthly loan payments under a specified repayment plan while employed full-time at a qualified farm or ranch; and (2) fall within certain categories of individuals such as a beginner farmer or rancher, an individual underrepresented in the agricultural profession, or a veteran farmer or rancher.

Action Timeline

2
  1. MAY 08, 2024IntroReferral

    Introduced in Senate

  2. MAY 08, 2024IntroReferral

    Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Committees

1

Health, Education, Labor, and Pensions Committee

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Referred: May 8, 2024

Active