The Health Care and Education Reconciliation Act of 2010 (HCERA) passed the House on March 21, 2010, and the Senate on March 25, 2010. HCERA was signed by the President on March 30, 2010. HCERA combines revised portions of the Patient Protection and Affordable Care Act (PPACA) with the Student Aid and Fiscal Responsibility Act (SAFRA), which amends the Higher Education Act of 1965 (HEA). Among other things, HCERA revokes the authority to originate or insure new federal loans under the Federal Family Education Loan Program (FFELP) after June 30, 2010 and increases the mandatory funds for Pell Grant maximum awards.
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