AN ACT relating to the Public Service Student Loan Forgiveness Program, making an appropriation therefor, and declaring an emergency.

Create a new section of KRS Chapter 164 to establish the Kentucky Public Service Student Loan Forgiveness Program fund; require the Kentucky Higher Education Assistance Authority to administer the fund; require the authority to disburse funds for student loan repayment to recruit and retain eligible public service employees that live and work in Kentucky; specify terms and process; establish criteria for the program and applicant evaluation for awards; appropriate $30,000,000 from the budget reserve trust…

Introduced: March 4, 2026

Last action: March 11, 2026

To Appropriations & Revenue (H)

Read the full text Kentucky Legislature LegiScan

AI-generated — always verify with primary sources

Plain-language summary

Beta

This bill would create a new Kentucky program to help pay off student loans for people who work in public service jobs and live and work in the state. The Kentucky Higher Education Assistance Authority would manage the program, using a combined $60 million in state funds to recruit and keep public service workers in Kentucky. The bill would take effect July 1, 2026, if passed. Who it may affect: Kentucky residents working in public service jobs who carry student loan debt.

Open official bill text (PDF)·Report a problem with the summary