,,ii #aadth ,,congress #ast ,session ,s4 #aiih ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,august #e1 #bjae,mr4 ,heinrich 7for himself 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-- 7#a7 in clause 7i77,i71 by striking clause 7iv77,,ii7 and inserting clause 7v77,,ii72 7#b7 in clause 7ii7-- 7,a7 in the heading1 by striking through #bjag-bjah and inserting and #bjae-bjaf2 7,b7 in the matter preceding subclause 7,i71 by striking through #bjag-bjah and inserting and #bjae-bjaf2 and 7,c7 in subclause 7,i71 by striking clause 7iv77,,ii7 and inserting clause 7v77,,ii72 7#c7 by redesignating clauses 7iii7 and 7iv7 as clauses 7iv7 and 7v71 respectively2 7#d7 by inserting after clause 7ii7 the following3 7iii7 ,award year #bjaf-bjag ,for award year #bjaf-bjag1 the amount determined under this subparagraph for purposes of subparagraph 7,b77iii7 shall be equal to-- 7,i7 #i1adj1 reduced by 7,,ii7 the maximum ,federal ,pell ,grant for which a student was eligible1 as specified in the last enacted appropriation ,act applicable to award year #bjaf-bjag2 and 7,,iii7 rounded to the nearest #e4 2 and 7#e7 by striking clause 7iv71 as redesignated by paragraph 7#c71 and inserting the following3 7iv7 ,subsequent award years ,for award year #bjag-bjah 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 7,a7 ,in this paragraph1 the term eligible student means a student who-- 7i7 has received a ,federal ,pell ,grant for an award year and is enrolled in an eligible program for #a or more additional payment periods during the same award year that are not otherwise fully covered by the student's ,federal ,pell ,grant2 7ii7 continues to meets all eligibility requirements to receive a ,federal ,pell ,grant under this section2 and 7iii7 attends an institution of higher education on average1 not less than a half-time basis4 7,b7 ,notwithstanding any other provision of this subsection1 the ,secretary shall award an additional ,federal ,pell ,grant to an eligible student for the additional payment periods during an award year that are not otherwise fully covered by the student's ,federal ,pell ,grant for the award year4 7,c7 ,in the case of a student receiving more than one ,federal ,pell ,grant in a single award year under subparagraph 7,b71 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;,c77v77,,ii74 7,d7 ,any period of study covered by a ,federal ,pell ,grant awarded under subparagraph 7,b7 shall be included in determining a student's duration limit under subsection 7c77#e74 7#i7 ,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 #bjae4 #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