,,ii #aac? ,,congress #b;d ,session ,s4 #baid ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,april #a1 #bjad,ms4 ,hirono 7= h]self1 ,mr4 ,re$1 & ,mr4 ,:iteh\se7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,heal?1 ,education1 ,labor1 & ,p5sions ,a ,,bill ,to improve ! ,f$]al ,pell ,grant program1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,pell ,grant ,protection ,act4 #b4 ,purpose ,! purpose ( ?is ,act is to re/ore ! role ( ,f$]al ,pell ,grants z ! f\ndational ,f$]al inve/m5t 9 high] education1 9 ord] to /r5g!n ! economy ( ! ,unit$ ,/ates by improv+ opportunities = l[-income /ud5ts to complete high] education & jo9 ! middle class4 #c4 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,f$]al ,pell ,grants provid$ "u section #dja ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajgj;a7 7ref]r$ to 9 ?is ,act z ,f$]al ,pell ,grants7 h hi/orically be5 ! fundam5tal ,f$]al inve/m5t 9 help+ l[-income /ud5ts pay = college & ent] ! middle class4 ,9 ! #aigi-aihj academic ye>1 ! maximum ,f$]al ,pell ,grant paid = #gg p]c5t ( ! av]age co/ ( att5dance at an 9-,/ate1 #d-ye> in/itution ( high] education4 ,h[ev]1 9 ! #bjab-bjac academic ye>1 ! maximum ,f$]al ,pell ,grant cov]$ only ab\t #cj p]c5t ( t av]age co/ ( att5dance4 7#b7 ,! program provid+ ,f$]al ,pell ,grants already acts z a quasi-entitlem5t1 9 :i* bo? m&atory fund+ & discretion>y fund+ comb9e to ma9ta9 a maximum ,f$]al ,pell ,grant am\nt4 7#c7 ,! ,congressional ,budget ,(fice reports on any ov]all f9ancial surplus or %ortfall 9 ! fund+ provid$ = ! ,f$]al ,pell ,grant program4 ,h[ev]1 9 rec5t ye>s1 9 ord] to meet ! maximum ,f$]al ,pell ,grant level ) ! provid$ level ( fund+1 ,congress has made cuts to ! program ?r\gh impos+ additional eligibility requirem5ts = ,f$]al ,pell ,grants & limit+ ! availability ( ye>-r\nd ,f$]al ,pell ,grants1 caus+ significant unc]ta9ty & r$uc+ access to high] education = millions ( h>dwork+ college /ud5ts4 7#d7 ,remov+ ! ,f$]al ,pell ,grant program f ! unc]ta9ty ( ! congressional discretion>y appropriations process w improve /ud5t access to1 & ! af=dability (1 high] education4 7#e7 ,! traditional /ud5t :o att5ds college = #d ye>s imm$iately aft] high s*ool is n[ a m9ority ( college /ud5ts today4 ,ambiti\s /ud5ts n[ ne$ m flexibility to att5d s*ool ye>-r\nd :ile juggl+ "w s*$ules4 7#f7 ,section #ahfj ( ! ,dep>tm5t ( ,def5se & ,full-,ye> ,cont9u+ ,appropriations ,act1 #bjaa 7,public ,law #aab-aj1 #abe ,/at4 #afi7 elim9at$ ! provision ( ! ,f$]al ,pell ,grant program ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajgj;a et seq47 t all[$ #b ,f$]al ,pell ,grant aw>ds p] ye>1 creat+ significant h>d%ip = _m /ud5ts try+ to take c\rses ov] ! summ] or outside ! traditional s*ool cal5d>4 ,all[+ /ud5ts to cont9ue to receive ,f$]al ,pell ,grants 9 successive seme/]s1 )\t a gap1 w\ld r$uce ! "t ne$$ to complete _! degrees4 #d4 ,conv]t+ ! traditional ,f$]al ,pell ,grant program to a m&atory sp5d+ program 7a7 ,legislative provisions ,section #dja7;b7 ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajgj;a7b77 is am5d$-- 7#a7 9 p>agraph 7#b7-- 7,a7 9 subp>agraph 7,a7-- 7i7 by /rik+ clauses 7i7 & 7ii7 & ins]t+ ! foll[+3 7i7 7,i7 = aw>d ye> #bjad-bjae1 #e1gcj2 or 7,,ii7 = aw>d ye> #bjae-bjaf & ea* subsequ5t aw>d ye>1 ! am\nt ( ! maximum ,f$]al ,pell ,grant det]m9$ "u ?is clause = ! imm$iately prec$+ aw>d ye>1 increas$ by a p]c5tage equal to ! e/imat$ p]c5tage increase1 if any1 9 ! ,consum] ,price ,index 7z det]m9$ by ! ,secret>y1 us+ ! def9ition 9 section #dgh7;f77 = ! mo/ rec5t cal5d> ye> end+ prior to ! beg9n+ ( t aw>d ye>2 plus 7ii7 any additional am\nt specifi$ = ! maximum ,f$]al ,pell ,grant 9 ! la/ enact$ appropriation ,act applicable to t aw>d ye>1 less 2 & 7,b7 by add+ at ! end ! foll[+3 7,c7 7i7 ,= fiscal ye> #bjae & ea* succe$+ fiscal ye>1 !re are appropriat$1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 su* sums z may be necess>y to provide1 9 comb9ation ) any am\nts sep>ately appropriat$ "u subp>agraph 7,a77ii71 ,f$]al ,pell ,grants "u ?is section 9 ! am\nt specifi$ 9 subp>agraph 7,a7 to all eligible /ud5ts4 7ii7 ,! am\nts made available by clause 7i7 = any fiscal ye> %all be available beg9n+ on ,octob] #a ( t fiscal ye>1 & %all rema9 available ?r\gh ,septemb] #cj ( ! succe$+ fiscal ye>4 2 & 7#b7 by /rik+ p>agraph 7#g74 7b7 ,effective date ,! am5dm5ts made by subsection 7a7 %all apply ) respect to ,f$]al ,pell ,grants aw>d$ "u section #dja ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajgj;a7 = aw>d ye> #bjad-bjae & ea* succe$+ aw>d ye>4 #e4 ,ye>-,r\nd ,f$]al ,pell ,grant /ud5ts 7a7 ,9 g5]al ,section #dja7;b7 ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajgj;a7b771 z am5d$ by section #d1 is fur!r am5d$ by add+ at ! end ! foll[+3 7#g7 ,ye>-,r\nd ,f$]al ,pell ,grant /ud5ts 7,a7 ,9 g5]al ,not)/&+ any o!r provision ( ?is subsection1 ! ,secret>y %all aw>d1 to an eligible /ud5t :o has receiv$ a ,f$]al ,pell ,grant = an aw>d ye> & is enroll$ 9 a program ( /udy = #a or m additional paym5t p]iods dur+ ! same aw>d ye> t are n o!rwise cov]$ by ! /ud5t's ,f$]al ,pell ,grant1 an additional ,f$]al ,pell ,grant = ! additional paym5t p]iods4 7,b7 ,am\nts ,9 ! case ( a /ud5t receiv+ m ?an "o ,f$]al ,pell ,grant 9 a s+le aw>d ye> "u subp>agraph 7,a71 ! total am\nt ( ! ,f$]al ,pell ,grants aw>d$ to su* /ud5t = ! aw>d ye> may exce$ ! total maximum ,f$]al ,pell ,grant = su* aw>d ye>1 z calculat$ "u clauses 7i7 & 7ii7 ( p>agraph 7#b77;,a74 7,c7 ,inclusion 9 duration limit ,any p]iod ( /udy cov]$ by a ,f$]al ,pell ,grant aw>d$ "u subp>agraph 7,a7 %all be includ$ 9 det]m9+ a /ud5t's duration limit "u subsection 7c77#e74 7#h7 ,crossov] p]iod ,9 any case :]e an eligible /ud5t is receiv+ a ,f$]al ,pell ,grant = a paym5t p]iod t spans #b aw>d ye>s1 ! ,secret>y %all all[ ! eligible in/itution 9 :i* ! /ud5t is enroll$ to det]m9e ! aw>d ye> to :i* ! additional p]iod %all be assign$4 4 7b7 ,effective date ,! am5dm5t made by subsection 7a7 %all take effect on ,july #a1 #bjad4