Student Aid Enhancement Act

Student Aid Enhancement Act

This bill amends the Higher Education Act of 1965 to modify the calculation used to determine a dependent student's amount of need for financial assistance. Specifically, the bill excludes the income and assets of the dependent student in the calculation of the expected family contribution for the student.

[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4662 Introduced in House (IH)]

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115th CONGRESS
  1st Session
                                H. R. 4662

  To amend the Higher Education Act of 1965 to exclude the income and 
assets of dependent students in the calculation of the expected family 
                    contribution for such students.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           December 15, 2017

Mr. Lawson of Florida introduced the following bill; which was referred 
            to the Committee on Education and the Workforce

_______________________________________________________________________

                                 A BILL


 
  To amend the Higher Education Act of 1965 to exclude the income and 
assets of dependent students in the calculation of the expected family 
                    contribution for such students.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Student Aid Enhancement Act''.

SEC. 2. CALCULATING EXPECTED FAMILY CONTRIBUTION FOR DEPENDENT 
              STUDENTS.

    Part F of title IV of the Higher Education Act of 1965 (20 U.S.C. 
1087kk et seq.) is amended--
            (1) in section 474(b) (20 U.S.C. 1087nn(b))--
                    (A) in paragraph (1)(B), by striking ``the student 
                and''; and
                    (B) in paragraph (4)(B), by striking ``and (B) the 
                student and'' and inserting ``or (B)'';
            (2) in section 475 (20 U.S.C. 1087oo)--
                    (A) in subsection (a)--
                            (i) by striking paragraphs (2) and (3); and
                            (ii) by striking ``the sum of'' and all 
                        that follows through ``the parents' 
                        contribution'' and inserting ``the parents' 
                        contribution'';
                    (B) by striking subsections (g), (h), and (j); and
                    (C) by redesignating subsection (i) as subsection 
                (g); and
            (3) in section 480(b)(1)(F) (20 U.S.C. 1087vv(b)(1)(F)), by 
        striking ``, except'' and all that follows through ``parents''.
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