,i #aacth ,,congress #ast ,session ,h4 ,r4 #bhhj ,,in ,,the ,,house ,,of ,,representatives ,july #ca1 #bjac ,mr4 ,kind introduced the following bill2 which was referred to the ,committee on ,education and the ,workforce ,a ,,bill ,to require the ,secretary of ,education to use the excess revenue generated from the ,william ,d4 ,ford ,federal ,direct ,loan ,program to carry out the ,federal ,pell ,grant ,program4 #a4 ,applying excess revenue to ,federal ,pell ,grants ,the ,secretary of ,education shall-- 7#a7 as soon as practicable after the end of a fiscal year1 determine whether during such fiscal year the ,william ,d4 ,ford ,federal ,direct ,loan ,program under part ,d of title ,,iv of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajhg;a et seq47 generated any revenue in excess of the amount that was necessary to cover the costs of carrying out such ,program for such fiscal year2 and 7#b7 if such excess revenue was generated1 use such excess revenue to carry out the ,federal ,pell ,grant ,program under subpart #a of part ,a of title ,,iv of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajgj;a7 for the succeeding fiscal year4