,,ii #aadth ,,congress #ast ,session ,s4 #ajfj ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,april #bb1 #bjae,ms4 ,hirono 7for herself1 ,mr4 ,markey1 and ,mr4 ,schumer7 introduced the following bill2 which was read twice and referred to the ,committee on ,health1 ,education1 ,labor1 and ,pensions ,a ,,bill ,to improve the ,federal ,pell ,grant program1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,pell ,grant ,protection ,act4 #b4 ,purpose ,the purpose of this ,act is to restore the role of ,federal ,pell ,grants as the foundational ,federal investment in higher education1 in order to strengthen the economy of the ,united ,states by improving opportunities for low-income students to complete higher education and join the middle class4 #c4 ,findings ,congress finds the following3 7#a7 ,federal ,pell ,grants provided under section #dja of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajgj;a7 7referred to in this ,act as ,federal ,pell ,grants7 have historically been the fundamental ,federal investment in helping low-income students pay for college and enter the middle class4 7#b7 ,in the #aigi-aihj academic year1 the maximum ,federal ,pell ,grant paid for #gg percent of the average cost of attendance at an in-,state1 #d-year institution of higher education4 ,however1 in the #bjad-bjae academic year1 the maximum ,federal ,pell ,grant covered less than one-third of that average cost of attendance4 7#c7 ,the program providing ,federal ,pell ,grants already acts as a quasi-entitlement1 in which both mandatory funding and discretionary funding combine to maintain a maximum ,federal ,pell ,grant amount4 7#d7 ,the ,congressional ,budget ,office reports on any overall financial surplus or shortfall in the funding provided for the ,federal ,pell ,grant program4 ,however1 in recent years1 in order to meet the maximum ,federal ,pell ,grant level with the provided level of funding1 ,congress has made cuts to the program through imposing additional eligibility requirements for ,federal ,pell ,grants and limiting the availability of year-round ,federal ,pell ,grants1 causing significant uncertainty and reducing access to higher education for millions of hardworking college students4 7#e7 ,removing the ,federal ,pell ,grant program from the uncertainty of the congressional discretionary appropriations process will improve student access to1 and the affordability of1 higher education4 #d4 ,funding the federal pell grant program through mandatory appropriations 7a7 ,in general ,section #dja7;b7 of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajgj;a7b77 is amended-- 7#a7 in paragraph 7#b71 by adding at the end the following3 7,c7 7i7 ,for fiscal year #bjaf and each succeeding fiscal year1 there are appropriated1 out of any money in the ,treasury not otherwise appropriated1 such sums as may be necessary to provide1 in combination with any amounts separately appropriated under subparagraph 7,a77ii71 ,federal ,pell ,grants under this section in the amount specified in subparagraph 7,a7 to all eligible students4 7ii7 ,the amounts made available by clause 7i7 for any fiscal year shall be available beginning on ,october #a of that fiscal year1 and shall remain available through ,september #cj of the succeeding fiscal year4 2 and 7#b7 by striking paragraph 7#g74 7b7 ,effective date ,the amendments made by subsection 7a7 shall apply with respect to ,federal ,pell ,grants awarded under section #dja of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajgj;a7 for award year #bjaf-bjag and each succeeding award year4