Establishes the New York state higher education debt consolidation and refinancing program.
Providing for student loan debt data collection and report, for procedures for student loans, for disclosure of higher education costs, for a student loan ombudsman, for higher education assistance by employers, for duties of the Department of Education, Department of Banking and Securities and Department of Revenue; establishing the Student Loan Refinancing Program; authorizing the Pennsylvania Higher Education Assistance Agency to issue bonds to fund the Student Loan Refinancing Program; establishing the Student Loan Refinancing Fund; providing for student loan debt tax credit, for application for tax credit, for taxpayer eligibility, for carryover and carryback, for outreach and marketing, for guidelines, for employer incentive for higher education assistance tax credit, for application for tax credits and for carryover, carryback and assignment of tax credits; and imposing penalties.
Establishes the New York state veteran student loan forgiveness program; awards up to $10,000 per year for five years, for eligible applicants.
Enacts protections for private education loan borrowers and cosigners; requires certain notifications from creditors and debt collectors; prohibits acceleration; enacts provisions for cosigner release.
Student Loan Refinancing Act
Student Loan Refinancing and Recalculation Act
Permits county improvement authorities to establish student loan refinancing loan programs.
Permits county improvement authorities to establish student loan refinancing loan programs.
Relates to the New York state masters-in-education teacher incentive scholarship program.
Relates to the New York state masters-in-education teacher incentive scholarship program.