,i #aag? ,,congress #b;d ,session ,h4 ,r4 #ghie ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,may #bg1 #bjbb,mr4 ,rice ( ,s\? ,c>ol9a introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,education & ,labor ,a ,,bill ,to am5d ! ,high] ,education ,act ( #aife to t]m9ate ! au?ority to make ,f$]al direct ,,plus loans1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,combat+ ,excessive ,/ud5t ,debt ,act ( #bjbb4 #b4 ,t]m9ation ( au?ority to make ,f$]al ,direct ,,plus ,loans ,section #dee7;a7 ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajhg;e7 is am5d$ by add+ at ! end ! foll[+3 7#d7 ,t]m9ation ( au?ority to make ,f$]al ,direct ,,plus ,loans 7,a7 ,9 g5]al ,subject to subp>agraph 7,b7 & not)/&+ any provision ( ?is "p or "p ,b1 no new ,f$]al ,direct ,,plus ,loans may be made "u ?is "p on or aft] ,july #a1 #bjbc4 7,b7 ,loans made be=e ,july #a1 #bjbc ,a borr[] :o has n receiv$ a ,f$]al ,direct ,,plus ,loan be=e ! date ( enactm5t ( ! ,combat+ ,excessive ,/ud5t ,debt ,act ( #bjbb & = :om a ,f$]al ,direct ,,plus ,loan is fir/ disburs$ = any p]iod ( in/ruction beg9n+ on or aft] su* date1 b n lat] ?an ,july #a1 #bjbc1 may be eligible to receive ,f$]al ,direct ,,plus ,loans until ! completion ( ! c\rse ( /udy = :i* su* loan 0 fir/ disburs$ or ,june #cj1 #bjbg1 :i*ev] occurs fir/4 4 #c4 ,limitation on in/itutional rev5ue f ,f$]al ,direct ,,plus ,loans ,section #dhg7;a7 ( ! ,high] ,education ,act ( #aife is am5d$ by add+ at ! foll[+3 7#cj7 ,! in/itution w n d]ive in/itutional rev5ue f ,f$]al ,direct ,,plus ,loans 9 an am\nt t exce$s-- 7,a7 = academic ye> #bjbc-bjbd1 ! av]age su* in/itutional rev5ue t ! in/itution receiv$ = ! #e mo/ rec5t academic ye>s prec$+ academic ye> #bjbc-bjbd2 7,b7 = academic ye> #bjbd-bjbe1 #ge p]c5t ( ! av]age in/itutional rev5ue describ$ 9 subp>agraph 7,a72 7,c7 = academic ye> #bjbe-bjbf1 #ej p]c5t ( ! av]age in/itutional rev5ue describ$ 9 su* subp>agraph2 & 7,d7 = academic ye> #bjbf-bjbg1 #be p]c5t ( ! av]age in/itutional rev5ue describ$ 9 su* subp>agraph4 4