North Carolina legislation · 2025-2026 Session
North Carolina S959: Study Student Loan Forgiveness Program/SEAA.
Status: Introduced, May 4, 2026
What the bill says
An act to require the state education assistance authority to study the feasibility and advisability of establishing a student loan forgiveness and talent retention program for graduates of public institutions of higher education located in north carolina and to appropriate funds for that purpose.
From the introduced text:
A BILL TO BE ENTITLED AN ACT TO REQUIRE THE STATE EDUCATION ASSISTANCE AUTHORITY TO STUDY THE FEASIBILITY AND ADVISABILITY OF ESTABLISHING A STUDENT LOAN FORGIVENESS AND TALENT RETENTION PROGRAM FOR GRADUATES OF PUBLIC INSTITUTIONS OF HIGHER EDUCATION LOCATED IN NORTH CAROLINA AND TO APPROPRIATE FUNDS FOR THAT PURPOSE. Whereas, the public institutions of higher education located in North Carolina produce a skilled and educated workforce vital to the economic growth of the State; and Whereas, many residents of North Carolina who pursue higher education through public institutions of higher education incur significant student loan debt; and Whereas, retaining graduates of public institutions of higher education located in North Carolina strengthens the workforce of the State, supports the economic development of the State, and benefits local communities in the State; and Whereas, policies that encourage graduates of public institutions of higher education to remain in North Carolina following completion of their postsecondary education may improve workforce retention and strengthen the economy of the State; Now, therefore, The General Assembly of North Carolina enacts: SECTION 1. Title of Act. - This act shall be known and may be cited as the "Student Loan Forgiveness and Talent Retention Study Act." SECTION 2. Definitions. - The following definitions apply in this act: (1) Eligible borrower. - An individual who obtained a postsecondary credential …
Sponsors
- Theodros, Caleb (D, 41) · primary sponsor
- Garrett, Michael (D, 27) · primary sponsor
- Chitlik, Sophia (D, 22)
- Murdock, Natalie S. (D, 20)
- Smith, Kandie D. (D, 5)
- Waddell, Joyce (D, 40)
Latest actions
- : Re-ref Com On Appropriations/Base Budget
- : Withdrawn From Com
- : Ref To Com On Rules and Operations of the Senate
- : Passed 1st Reading
- : Filed
Subjects: COMMUNITY COLLEGES, BUDGETING, EDUCATION, STUDENTS, AUTHORITIES, FINANCIAL SERVICES, COLLEGES & UNIVERSITIES, EDUCATION ASSISTANCE AUTHORITY
Common questions
- What is S959?
- S959 is a bill in the North Carolina Legislature (2025-2026 Session): Study Student Loan Forgiveness Program/SEAA.
- What does S959 do?
- In its own words: An act to require the state education assistance authority to study the feasibility and advisability of establishing a student loan forgiveness and talent retention program for graduates of public institutions of higher education located in north carolina and to appropriate funds for that purpose.
- What is the status of S959?
- Introduced as of May 4, 2026. Latest action: Re-ref Com On Appropriations/Base Budget (May 4, 2026).
- Who sponsored S959?
- Theodros, Caleb (D, 41), with 5 co-sponsors.
- Where is the official record for S959?
- On the North Carolina Legislature website: https://www.ncleg.gov/BillLookUp/2025/S959
Source: official North Carolina record. Tracked by Delilah, AI for legislation across all 50 states and Congress.