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OH HB603
Bill
Status
4/6/2020
Primary Sponsor
Catherine Ingram
Click for details
AI Summary
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Chancellor of Higher Education shall waive interest rates and suspend required payments on all state student loan programs for at least sixty days, in accordance with federal guidance issued March 20, 2020.
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Covered loan programs include the OhioMeansJobs Workforce Development Revolving Loan Program and the Nurse Education Assistance Loan Program.
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Chancellor shall conduct a study within ninety days to determine ways to offer relief and assistance to higher education institutions and students during the COVID-19 outbreak and make legislative recommendations.
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Act is declared an emergency measure to take immediate effect to help those affected financially during the COVID-19 pandemic.
Legislative Description
Relieve student loan payments/study how assist higher ed COVID-19
Education
Last Action
Refer to Committee: Higher Education
5/5/2020