releases: https://mikebishop.house.gov/media-center/press-releases/bishop-s-bill-extend-perkins-loan-program-heads-president
Data license: MIT · Data source: dwillis/congress-press
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| https://mikebishop.house.gov/media-center/press-releases/bishop-s-bill-extend-perkins-loan-program-heads-president | Bishops Bill to Extend Perkins Loan Program Heads to President | 2015-12-17 | 2015 | 2015-12 | Republican | House | MI | Mike Bishop | B001293 | mikebishop.house.gov | legacy | WASHINGTON Following Senate passage yesterday, the House today passed Congressman Mike Bishops amended legislation to extend the Federal Perkins Loan Program for two years (H.R. 3594). In response, Congressman Bishop issued the following statement: I applaud the House and Senate for coming together to support our students. Extending the Perkins Loan program ensures those in severe financial need will continue to have the certainty to help achieve their higher education goals. Michigan is home to many excellent colleges and universities, but the rising costs of higher education have placed a tremendous burden on our students and families. Congress must continue to find new, innovative ways to make college more affordable and simplify our nations financial aid system. While we continue this work, I encourage the president to sign this bipartisan, bicameral legislation to revive the Perkins Loan program and thank Chairman Kline for his support of this effort. House Education and the Workforce Chairman John Kline also commented on the bills passage: We have taken an important step to provide low-income students the support they need to pursue their college degrees. By extending the Perkins Loan program, students will have the certainty they need to help make their college dreams a reality. I want to thank Rep. Bishop for his leadership, and I urge the president to sign the legislation as soon as possible. Congressman Bishop is the first Michigan freshman to send a bill to the president this Congress. The legislation, as amended by the Senate: Allows current and new undergraduate borrowers to receive new Perkins Loans through September 2017 and additional disbursements of loans through the 2017-2018 award year. Current borrowers may receive Perkins Loans after exhausting their subsidized Federal Direct Stafford Loan eligibility, and new borrowers may receive Perkins Loans after exhausting all their Direct Loan eligibility. Allows current graduate borrowers who remain in their course of study to continue receiving new Perkins Loans through September 2016 and additional disbursements of loans through the 2016-2017 school year. Adds additional disclosures so borrowers are aware of the status of the Perkins Loan program and its terms and conditions compared to other federal loans. Ensures the bill is fully paid for at no additional cost to taxpayers by reforms to the grandfathering provision in the law for current borrowers. For more information, visit the House Education and the Workforce website. ### | 1 | 2026-03-30T12:14:52Z | 2026-03-30T12:14:52Z |