HB669: Education; discontinuation of loans made under the Student Access Loan program establish by the Georgia Student Finance Authority; provide

Legislative Summary

A BILL to be entitled an Act to amend Subpart 4A of Article 7 of Chapter 3 of Title 20 of the Official Code of Georgia Annotated, relating to direct loans to students on basis of need and merit, so as to provide for the discontinuation of loans made under the Student Access Loan program established by the Georgia Student Finance Authority; to provide for a program of forgiveness of such loans; to require notice to borrowers of such loan forgiveness program and the opportunity to opt out; to provide for a Student Access Grant program; to provide for legislative intent; to provide for definitions, maximum grant amounts, eligibility requirements, random selection among eligible applicants, and rules and regulations; to provide for related matters; to repeal conflicting laws; and for other purposes.