,,ii #aacth ,,congress #b;d ,session ,s4 #bcgd ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,may #ba1 #bjad ,ms4 ,landrieu 7for herself and ,ms4 ,hirono7 introduced the following bill2 which was read twice and referred to the ,committee on ,health1 ,education1 ,labor1 and ,pensions ,a ,,bill ,to improve college affordability4 #a4 ,short title ,this ,act may be cited as the ,creating ,higher ,education ,affordability ,necessary to ,compete ,economically ,act or the ,middle ,class ,,chance ,act4 #b4 ,increase in the maximum amount of a ,federal ,pell ,grant ,section #dja7;b77#g77;,c7 of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajgj;a7b77#g77;,c77 is amended by striking clauses 7ii7 and 7iii7 and inserting the following3 7ii7 ,award year #bjad-bjae ,for award year #bjad-bjae1 the amount determined under this subparagraph for purposes of subparagraph 7,b77iii7 shall be increased to #d1jdj4 7iii7 ,subsequent award years ,for award year #bjae-bjaf and each subsequent award year1 the amount determined under this subparagraph for purposes of subparagraph 7,b77iii7 shall be equal to-- 7,i7 the amount determined under this subparagraph for the preceding award year2 increased by 7,,ii7 a percentage equal to the annual adjustment percentage for the award year for which the amount under this subparagraph is being determined2 and 7,,iii7 rounded to the nearest #e4 4 #c4 ,year-,round ,federal ,pell ,grant students 7a7 ,in general ,section #dja7;b7 of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajgj;a7b77 is amended by adding at the end the following3 7#h7 ,year-,round ,federal ,pell ,grant students 7,a7 ,in ,general ,notwithstanding any other provision of this subsection1 the ,secretary shall award1 to an eligible student who meets the requirements in subparagraph 7,b7 who has received a ,federal ,pell ,grant for an award year and is enrolled in a program of study for #a or more additional payment periods during the same award year that are not otherwise covered by the student's ,federal ,pell ,grant1 an additional ,federal ,pell ,grant for the additional payment periods4 7,b7 ,eligibility ,in order to be eligible to receive the additional ,federal ,pell ,grant for an award year that is described in subparagraph 7,a71 a student shall1 in addition to meeting all eligibility requirements for the receipt of a ,federal ,pell ,grant-- 7i7 be enrolled full-time in an institution of higher education2 and 7ii7 have successfully completed at least a full-time course load 7as determined by the institution7 prior to receiving an additional ,federal ,pell ,grant award as described in subparagraph 7,a74 7,c7 ,amounts ,in the case of a student receiving more than one ,federal ,pell ,grant in a single award year under subparagraph 7,a71 the total amount of the ,federal ,pell ,grants awarded to such student for the award year shall not exceed an amount equal to #aej percent of the total maximum ,federal ,pell ,grant for such award year calculated in accordance with paragraph 7#g77;,c77iv77,,ii74 7,d7 ,inclusion in duration limit ,any period of study covered by a ,federal ,pell ,grant awarded under subparagraph 7,a7 shall be included in determining a student's duration limit under subsection 7c77#e74 7#i7 ,crossover period ,in any case where an eligible student is receiving a ,federal ,pell ,grant for a payment period that spans #b award years1 the ,secretary shall allow the eligible institution in which the student is enrolled to determine the award year to which the additional period shall be assigned4 4 7b7 ,effective date ,the amendment made by subsection 7a7 shall take effect on ,july #a1 #bjad4 #d4 ,pell ,grant ,duration ,limit ,section #dja7;c77#e7 of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajgj;a7c77#e77 is amended by striking #ab semesters and inserting #ae semesters each place the term appears4