,,ii  #aad? ,,congress  #a/ ,session    
,s4 #ajfj  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,april #bb1 #bjae,ms4  
,hirono 7= h]self1 ,mr4 ,m>key1 & ,mr4  
,s*um]7 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  7#b7 ,9 
! #aigi-aihj academic ye>1 ! maximum    
,f$]al ,pell ,grant paid = #gg p]c5t ( !
 av]age co/ ( att5dance at an 9-,/ate1  
#d-ye> in/itution ( high] education4    
,h[ev]1 9 ! #bjad-bjae academic ye>1 !  
maximum ,f$]al ,pell ,grant cov]$ less  
?an "o-?ird ( t av]age co/ ( att5dance4 
7#c7 ,! 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#d7 ,! ,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#e7 ,remov+ ! ,f$]al  
,pell ,grant program f ! unc]ta9ty ( !  
congressional discretion>y              
appropriations process w improve /ud5t  
access to1 & ! af=dability (1 high]     
education4  #d4 ,fund+ ! f$]al pell     
grant program ?r\gh m&atory             
appropriations  7a7 ,9 g5]al ,section   
#dja7;b7 ( ! ,high] ,education ,act (   
#aife 7#bj ,u4,s4,c4 #ajgj;a7b77 is     
am5d$-- 7#a7 9 p>agraph 7#b71 by add+ at
 ! end ! foll[+3  7,c7 7i7 ,= fiscal ye>
 #bjaf & ea* succe$+ 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>      
#bjaf-bjag & ea* succe$+ aw>d ye>4