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H.R. 386 (114th): American Indian Teacher Loan Forgiveness Act of 2015

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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Jan 14, 2015.


American Indian Teacher Loan Forgiveness Act of 2015

Amends title IV (Student Assistance) of the Higher Education Act of 1965 to provide up to $17,500 of loan forgiveness to borrowers under the Federal Family Education Loan program or the William D. Ford Federal Direct Loan program who: (1) are a member of an Indian tribe, and (2) have been employed as a full-time teacher for five consecutive complete school years in an Indian school or in a local educational agency that serves at least 10 Indian students or whose schools have an enrollment of students at least 25% of which are Indians.