S. 1603 would amend section 484B of the Higher Education Act of 1965 to provide for tuition reimbursement and loan forgiveness to students who withdraw from an institution of higher education to serve in the uniformed services.
Detailed Summary
Veterans Education Tuition Support Act of 2009 or the VETS Act of 2009 - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to require institutions of higher education to refund to students the tuition and fees paid for education they will not receive due to their withdrawal from school to serve in the Armed Forces.
Waives the application of any requirement that students return title IV funds upon withdrawing from school to students whose withdrawal is necessitated by service in the Armed Forces.
Provides loan forgiveness under the Federal Family Education Loan, Direct Loan, and Perkins Loan programs to students whose withdrawal from school is necessitated by service in the Armed Forces.<br>
Status of the Legislation
Latest Major Action: 8/6/2009: Referred to Senate committee. Status: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
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