H.R.5349 - Nurse Loan Forgiveness Act of 2006109th Congress (2005-2006)
|Sponsor:||Rep. Tancredo, Thomas G. [R-CO-6] (Introduced 05/10/2006)|
|Committees:||House - Education and the Workforce|
|Latest Action:||House - 06/02/2006 Referred to the Subcommittee on 21st Century Competitiveness. (All Actions)|
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Summary: H.R.5349 — 109th Congress (2005-2006)All Information (Except Text)
Introduced in House (05/10/2006)
Nurse Loan Forgiveness Act of 2006 - Amends the Higher Education Act of 1965 (HEA) to include, under HEA student loan forgiveness and cancellation programs, nurses who serve at least one calendar year in an approved health care facility or setting.
Limits the maximum amount of such loan repayment by the Secretary of Education to not more than $2,000 after the first year of such a nurse's employment, with incremental increases after the second through fourth years, up to $5,000 after the fifth year of such employment.