To amend the Higher Education Act of 1965 to double the Pell Grant award amount, improve the Public Service Loan Forgiveness program, and reduce interest rates, and for other purposes.

8/27/2025, 8:05 AM

Summary of Bill HR 4862

The bill "To amend the Higher Education Act of 1965" in the 119th Congress, designated as H.R. 4862 and introduced on August 1, 2025, aims to double the Pell Grant award amount, enhance the Public Service Loan Forgiveness program, lower interest rates, and includes other provisions relating to higher education.

Current Status of Bill HR 4862

Bill HR 4862 is currently in the status of Bill Introduced since August 1, 2025. Bill HR 4862 was introduced during Congress 119 and was introduced to the House on August 1, 2025. Bill HR 4862's most recent activity was Referred to the Committee on Education and Workforce, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of August 1, 2025

Bipartisan Support of Bill HR 4862

Total Number of Sponsors

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Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 4862

Primary Policy Focus

Alternate Title(s) of Bill HR 4862

To amend the Higher Education Act of 1965 to double the Pell Grant award amount, improve the Public Service Loan Forgiveness program, and reduce interest rates, and for other purposes.