,i  #aae? ,,congress  #a/ ,session  ,h4 
,r4 #adhe  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,m>* #i1 #bjag,ms4    
,/efanik 7= h]self1 ,mr4 ,curbelo (     
,florida1 ,mrs4 ,bu/os1 ,mr4 ,pet]s1    
,miss ,rice ( ,new ,york1 ,mr4 ,m\lton1 
,ms4 ,s9ema1 ,mr4 ,k+ ( ,new ,york1 ,mr4
 ,hurd1 ,mr4 ,kilm]1 ,mr4 ,mess]1 ,mr4  
,mool5a>1 ,mr4 ,loebsack1 ,mr4 ,wel*1   
,mr4 ,faso1 ,mr4 ,de,saulnier1 ,ms4     
,bonamici1 ,mrs4 ,davis ( ,cali=nia1    
,mr4 ,byrne1 ,mr4 ,wittman1 ,mr4        
,mac,arthur1 ,mr4 ,pauls51 ,mr4 ,coll9s 
( ,new ,york1 ,mr4 ,"y ( ,i[a1 & ,mr4   
,polis7 introduc$ ! foll[+ bill2 :i* 0  
ref]r$ to ! ,committee on ,education & !
 ,work=ce  ,a ,,bill  ,to am5d ! ,high] 
,education ,act ( #aife to provide      
/ud5ts ) increas$ flexibility 9 ! use ( 
,f$]al ,pell ,grants1 & = o!r purposes4 
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,flexible ,pell ,grant = #ba/ ,c5tury 
,/ud5ts ,act4  #b4 ,flexible ,pell      
,grants  7a7 ,purpose & am\nt ( grants  
,section #dja7;b7 ( ! ,high] ,education 

,act ( #aife 7#bj ,u4,s4,c4 #ajgj;a7b77 
is am5d$ by add+ at ! end ! foll[+3     
7#h7  7,a7 ,not)/&+ any o!r provision ( 
?is subsection1 an eligible /ud5t :o has
 receiv$ a ,f$]al ,pell ,grant dur+ an  
aw>d ye>1 & is enroll$ 9 an eligible    
program = "o or m additional paym5t     
p]iods dur+ ! same aw>d ye>1 may receive
 an additional ,f$]al ,pell ,grant = su*
 additional p]iod or p]iods4  7,b7 ,9 ! 
case ( a /ud5t receiv+ m ?an "o ,f$]al  
,pell ,grant dur+ 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> %all n exce$ an am\nt equal
 to #aej p]c5t ( ! am\nt ( ! ,f$]al     
,pell ,grant aw>d det]m9$ "u p>agraph   
7#b77;,a7 = :i* su* /ud5t is eligible   
dur+ su* aw>d ye>4  7,c7 ,at or be=e !  
"t ( disbursem5t ( a ,f$]al ,pell ,grant
 "u subp>agraph 7,a7 to a /ud5t1 !      
in/itution 9 :i* ! /ud5t is enroll$ %all
 notify ! /ud5t t any paym5t p]iod = :i*
 ! /ud5t receives a ,f$]al ,pell ,grant 
%all c\nt t[>d ! /ud5t's duration limits

 "u subsection 7c77#e74  7,d7 ,9 ?is    
p>agraph1 ! t]m eligible /ud5t means a  
/ud5t :o-- 7i7 cont9ues to meet all     
eligibility requirem5ts to receive a    
,f$]al ,pell ,grant "u ?is section2 &   
7ii7 is accel]at+ progress t[>d a degree
 or c]tificate4  7,e7 7i7 ,9 ?is        
p>agraph1 except z provid$ 9 clause     
7ii71 a /ud5t %all be consid]$ accel]at+
 progress t[>d a degree or c]tificate   
dur+ an aw>d ye> if1 dur+ su* aw>d ye>--
  7,i7 ! /ud5t completes ! cr$it h\rs   
7or cr$it h\r equival5cies7 ( an        
academic ye> ( ! /ud5t's eligible       
program t are necess>y = ! /ud5t to     
enroll1 dur+ su* aw>d ye>1 9 cr$it h\rs 
7or cr$it h\r equival5cies7 t are       
attributable to a second academic ye> = 
su* program2 &  7,,ii7 dur+ ! paym5t    
p]iod or p]iods = :i* ! /ud5t desires to
 receive a ,f$]al ,pell ,grant "u       
subp>agraph 7,a71 ! /ud5t enrolls 9     
cr$it h\rs 7or cr$it h\r equival5cies7 t
 are attributable to a second academic  
ye> = ! /ud5t's eligible program4  7ii7 

,! f9ancial aid adm9i/rator at an       
in/itution may waive ! requirem5t (     
subp>agraph 7,d77ii71 if ! f9ancial aid 
adm9i/rator--  7,i7 det]m9es t1 due to  
circum/ances beyond a /ud5t's control1 !
 /ud5t 0 unable to complete ! cr$it h\rs
 describ$ 9 clause 7i77,i7 ( ?is        
subp>agraph2 &  7,,ii7 makes & docum5ts 
su* a det]m9ation on an individual      
basis4  7iii7 ,9 ?is subp>agraph--  7,i7
 circum/ances beyond a /ud5t's control--
 7aa7 may include ! /ud5t )draw+ f      
classes due to illness or be+ unable to 
regi/] = classes necess>y to complete ! 
cr$it h\rs describ$ 9 clause 7i77,i7    
because su* classes 7 n (f]$ dur+ !     
applicable p]iod2 &  7bb7 %all n include
 )draw+ to avoid a p>ticul> grade or    
fail+ to regi/] = a necess>y class t 0  
(f]$ dur+ su* p]iod to avoid a p>ticul> 
in/ructor2 &  7,,ii7 ! t]m academic ye>1
 :5 us$ ) respect to an eligible program
 at an in/itution1 has ! mean+ giv5 su* 
t]m by ! in/itution4  7#i7 ,if a /ud5t  
is receiv+ a ,f$]al ,pell ,grant = a    

paym5t p]iod t spans #b aw>d ye>s1 !    
eligible in/itution 9 :i* ! /ud5t is    
enroll$ %all det]m9e ! aw>d ye> to :i* !
 additional p]iod %all be assign$4      
7#aj7 ,a /ud5t may decl9e to receive any
 portion ( a ,f$]al ,pell ,grant = any  
paym5t p]iod1 except t ! in/itution may 
e/abli% a reasonable deadl9e by :i* !   
/ud5t may decl9e ! ,f$]al ,pell ,grant4 
4  7b7 ,p]iod ( eligibility = grants    
,section #dja7;c7 ( su* ,act 7#bj       
,u4,s4,c4 #ajgj;a7c77 is am5d$ by add+  
at ! end ! foll[+ new p>agraph3  7#f7   
7,a7 ,! ,secret>y %all issue to ea*     
/ud5t receiv+ a ,f$]al ,pell ,grant1 an 
annual /atus report :i* %all--  7i7 in=m
 ! /ud5t ( ! rema9+ p]iod dur+ :i* !    
/ud5t may receive ,f$]al ,pell ,grants 9
 accordance ) p>agraph 7#e71 & provide  
access to a calculator to assi/ ! /ud5t 
9 mak+ su* det]m9ation2  7ii7 include an
 e/imate ( ! ,f$]al ,pell ,grant am\nts 
:i* may be aw>d$ = su* rema9+ p]iod bas$
 on ! /ud5t's aw>d am\nt det]m9$ "u     
p>agraph 7#b77;,a7 = ! mo/ rec5t aw>d   

ye>2  7iii7 expla9 h[ ! e/imate 0       
calculat$ & any assumptions und]ly+ !   
e/imate2  7iv7 expla9 t ! e/imate may be
 affect$ if !re is a *ange--  7,i7 9 !  
/ud5t's f9ancial circum/ances2 or       
7,,ii7 ! availability ( ,f$]al fund+2 & 
7v7 describe h[ ! rema9+ p]iod dur+ :i* 
! /ud5t may receive ,f$]al ,pell ,grants
 may be affect$ by :e!r ! /ud5t is      
enroll$ z a full-"t /ud5t4  7,b7 ,no?+ 9
 ?is p>agraph %all be con/ru$ to        
prohibit an in/itution f (f]+ additional
 c\nsel+ to a /ud5t ) respect to ,f$]al 
,pell ,grants1 b su* c\nsel+ %all n     
delay or imp$e disbursem5t ( a ,f$]al   
,pell ,grant aw>d to ! /ud5t4  4  7c7   
,effective date ,! am5dm5ts made by     
subsections 7a7 & 7b7 %all apply )      
respect to aw>d ye>s beg9n+ on or aft]  
,july #a1 #bjah4