PA HB2099

Establishes the Delayed Payment Plan Program allowing Pennsylvania Higher Education Assistance Agency to enter income share agreements with students at the 15 PA community colleges and Thaddeus Stevens College of Technology starting 2025-2026, with potential expansion to State System universities in 2026-2027

Requires participating students to be PA residents, pursue degrees in high-need areas, demonstrate federal student loan eligibility, and agree to remain PA residents for 10 years after graduation or until tuition is repaid

Sets repayment terms at minimum 2% of future annual income or $50/month for up to 10 years, with no payments required when annual income is $30,000 or below, and caps total repayment at 200% of the amount received

Creates the Delayed Payment Plan Program Fund in the State Treasury funded by private grants, legislative appropriations, collected payments, and interest, with administrative costs capped at $400,000 in year one and $300,000 annually thereafter

Provides for debt forgiveness upon death or qualifying disability, and requires students who don't complete coursework within six years to repay their balance with 3.5% annualized interest