There is one summary for S.378. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (02/12/2003)

Tribal Colleges and Universities Teacher Loan Forgiveness Act - Amends the Higher Education Act of 1965 to provide for the cancellation of a specified percentage of the total amount of any Federal Perkins loan, Federal Family Education loan, or direct student loan for each year of employment (up to five) as a full-time teacher at a tribal college or university if the borrower is not in default on such loan.

Prohibits a borrower from receiving, for the same service, both a benefit from this Act and a benefit from the National Community Service Act of 1990.

Provides that the amount of any loan forgiven under this Act shall not be treated as gross income for Federal tax purposes.