[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 3530 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 3530 To amend the Higher Education Act of 1965 to increase the Federal student loan limits for students in flight education and training programs. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 21, 2025 Mr. Davis of North Carolina (for himself and Mrs. Kiggans of Virginia) introduced the following bill; which was referred to the Committee on Education and Workforce _______________________________________________________________________ A BILL To amend the Higher Education Act of 1965 to increase the Federal student loan limits for students in flight education and training programs. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Flight Education Access Act''. SEC. 2. INCREASE IN FEDERAL STUDENT LOAN LIMITS FOR STUDENTS IN FLIGHT EDUCATION AND TRAINING PROGRAMS. Section 455 of the Higher Education Act of 1965 (20 U.S.C. 1087e) is amended-- (1) in subsection (p)-- (A) by striking ``Each institution'' and inserting the following: ``(1) In general.--Each institution''; (B) in paragraph (1) (as designated by subparagraph (A)), by inserting before the period at the end the following: ``and, shall, with respect to Federal Direct Stafford Loans and Federal Direct Unsubsidized Stafford Loans made after the date of enactment of the Flight Education Access Act to an eligible student (as defined in subsection (r)), comply with the requirements of paragraph (2)''; and (C) by adding at the end the following: ``(2) Additional disclosures.--At or prior to the disbursement of a Federal Direct Stafford Loan or Federal Direct Unsubsidized Stafford Loan after the date of enactment of the Flight Education Access Act to an eligible student (as defined in subsection (r)), the following shall be disclosed: ``(A) The principal amount of the loan, the stated interest rate on the loan, the number of required monthly payments to be made on the loan (which shall be based on a standard repayment plan), and the estimated number of months before the start of the repayment period for the loan (based on the expected date on which the repayment period is to begin or the deferment period is to end, as applicable). ``(B) The estimated balance to be owed by the borrower on such loan (including, if applicable, the estimated amount of interest to be capitalized) as of the scheduled date on which the repayment period is to begin or the deferment period is to end, as applicable, and an estimate of the projected monthly payment. ``(C) An estimate of the aggregate amount the borrower will pay for the loan, including the total amount of monthly payments made over the life of the loan plus the amount of any charges for the loan, such as an origination fee.''; and (2) by adding at the end the following: ``(r) Increase in Loan Limits for Students in Flight Education and Training Programs.-- ``(1) In general.--Notwithstanding any other provision of this Act, the loan limits for Federal Direct Stafford Loans and Federal Direct Unsubsidized Stafford Loans made after the date of enactment of the Flight Education Access Act with respect to eligible students shall be subject to this subsection. ``(2) Definitions.--In this section: ``(A) Eligible student.--The term `eligible student' means a student who is enrolled in an eligible undergraduate flight education and training program. ``(B) Eligible undergraduate flight education and training program.--The term `eligible undergraduate flight education and training program' means an undergraduate flight education and training program that offers training for applicants seeking a commercial pilot certificate and-- ``(i) during the period beginning on the date of enactment of the Flight Education Access Act and ending on the date on which 3 years of data has been collected pursuant to paragraph (3)(D), that meets all the applicable requirements of this Act; and ``(ii) beginning on the date on which 3 years of data has been collected pursuant to paragraph (3)(D), that meets all the applicable requirements of this Act and has a completion rate averaged over a 3-year period, as calculated under paragraph (3)(D) that is equal to or greater than 70 percent. ``(C) Undergraduate flight education and training program.--The term `undergraduate flight education and training program'-- ``(i) has the meaning given the term by the Secretary, in consultation with the Administrator of the Federal Aviation Administration; ``(ii) shall include a flight education and training program offered by an eligible institution that is accredited by an accrediting agency recognized by the Secretary, that-- ``(I) awards undergraduate certificates or associate or bachelor degrees; and ``(II) provides pilot training in accordance with part 141 of title 14, Code of Federal Regulations, or any successor regulation; and ``(iii) shall not include a flight education and training program certified under part 61 of title 14, Code of Federal Regulations, or any successor regulation. ``(3) Loan limits for eligible undergraduate flight education and training programs.-- ``(A) Limits for eligible students who are dependent students.-- ``(i) Annual limits.--The maximum annual amount of Federal Direct Unsubsidized Stafford Loans an eligible student who is a dependent student may borrow in any academic year (as defined in section 481(a)(2)) or its equivalent shall be-- ``(I) in the case of an eligible student at an eligible institution who has not successfully completed the first year of an eligible undergraduate flight education and training program-- ``(aa) $20,500, if such student is enrolled in such a program whose length is at least one academic year in length; or ``(bb) if such student is enrolled in such a program that is less than one academic year, the maximum annual loan amount that such student may receive may not exceed the amount that bears the same ratio to the amount specified in item (aa) as the length of such program measured in semester, trimester, quarter, or clock hours bears to one academic year; ``(II) in the case of an eligible student at an eligible institution who has successfully completed the first year of an eligible undergraduate flight education and training program but has not yet successfully completed the remainder of such program-- ``(aa) $31,500; or ``(bb) if such student is enrolled in such a program that is less than one academic year, the maximum annual loan amount that such student may receive may not exceed the amount that bears the same ratio to the amount specified in item (aa) as the length of such program measured in semester, trimester, quarter, or clock hours bears to one academic year; ``(III) in the case of a student at an eligible institution who has successfully completed the first year and second years of an eligible undergraduate flight education and training program but has not yet successfully completed the remainder of such program-- ``(aa) $32,500; or ``(bb) if such student is enrolled in such a program that is less than one academic year, the maximum annual loan amount that such student may receive may not exceed the amount that bears the same ratio to the amount specified in item (aa) as the length of such program measured in semester, trimester, quarter, or clock hours bears to one academic year; and ``(IV) in the case of a student at an eligible institution who has successfully completed the first, second, and third years of an eligible undergraduate flight education and training program but has not yet successfully completed the remainder of such program-- ``(aa) $22,500; or ``(bb) if such student is enrolled in such a program that is less than one academic year, the maximum annual loan amount that such student may receive may not exceed the amount that bears the same ratio to the amount specified in item (aa) as the length of such program measured in semester, trimester, quarter, or clock hours bears to one academic year. ``(ii) Aggregate limits.--The maximum aggregate amount of Federal Direct Unsubsidized Stafford Loans an eligible student who is a dependent student may borrow shall be $111,000. ``(B) Limits for eligible students who are independent students.-- ``(i) Annual limits.--The maximum annual amount of Federal Direct Unsubsidized Stafford Loans an eligible student who is an independent student may borrow in any academic year (as defined in section 481(a)(2)) or its equivalent shall be-- ``(I) in the case of an eligible student at an eligible institution who has not successfully completed the first year of an eligible undergraduate flight education and training program-- ``(aa) $24,500, if such student is enrolled in such a program whose length is at least one academic year in length; or ``(bb) if such student is enrolled in such a program that is less than one academic year, the maximum annual loan amount that such student may receive may not exceed the amount that bears the same ratio to the amount specified in item (aa) as the length of such program measured in semester, trimester, quarter, or clock hours bears to one academic year; ``(II) in the case of an eligible student at an eligible institution who has successfully completed the first year of an eligible undergraduate flight education and training program but has not yet successfully completed the remainder of such program-- ``(aa) $35,500; or ``(bb) if such student is enrolled in such a program that is less than one academic year, the maximum annual loan amount that such student may receive may not exceed the amount that bears the same ratio to the amount specified in item (aa) as the length of such program measured in semester, trimester, quarter, or clock hours bears to one academic year; ``(III) in the case of a student at an eligible institution who has successfully completed the first year and second years of an eligible undergraduate flight education and training program but has not yet successfully completed the remainder of such program-- ``(aa) $37,500; or ``(bb) if such student is enrolled in such a program that is less than one academic year, the maximum annual loan amount that such student may receive may not exceed the amount that bears the same ratio to the amount specified in item (aa) as the length of such program measured in semester, trimester, quarter, or clock hours bears to one academic year; and ``(IV) in the case of a student at an eligible institution who has successfully completed the first, second, and third years of an eligible undergraduate flight education and training program but has not yet successfully completed the remainder of such program-- ``(aa) $27,500; or ``(bb) if such student is enrolled in such a program that is less than