Pell Grant Sustainability Act
This bill requires the Department of Education to calculate the award amount for Pell Grants for award year 2020–2021 and each subsequent award year by indexing the award amount to the rate of inflation.
[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4639 Introduced in House (IH)]
<DOC>
116th CONGRESS
1st Session
H. R. 4639
To index the maximum value of Federal Pell Grants to inflation.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
October 11, 2019
Mr. Casten of Illinois (for himself and Mrs. Lee of Nevada) introduced
the following bill; which was referred to the Committee on Education
and Labor
_______________________________________________________________________
A BILL
To index the maximum value of Federal Pell Grants to inflation.
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 ``Pell Grant Sustainability Act''.
SEC. 2. FINDINGS.
Congress finds the following:
(1) From 2009 through 2018, the maximum discretionary
Federal Pell Grants under section 401 of the Higher Education
Act of 1965 stayed flat while inflation was 17 percent.
(2) The value of Federal Pell Grants must keep pace with
students' costs in order to fulfill their mission of enabling
lower-income students to attend college.
SEC. 3. INDEXING FEDERAL PELL GRANTS TO INFLATION.
Section 401 of the Higher Education Act of 1965 (20 U.S.C. 1070a)
is amended--
(1) in subsection (a)(1), by striking ``through fiscal year
2017''; and
(2) in subsection (b)(7)(C), by amending clause (iii) to
read as follows:
``(iii) Subsequent award years.--
``(I) Award years 2018-2019 and
2019-2020.--For each of the award years
2018-2019 and 2019-2020, the amount
determined under this subparagraph for
purposes of subparagraph (B)(iii) shall
be equal to the amount determined under
clause (ii) for award year 2017-2018.
``(II) Award year 2020-2021 and
each subsequent award year.--For award
year 2020-2021 and each subsequent
award year, the amount determined under
this subparagraph for purposes of
subparagraph (B)(iii) shall be equal
to--
``(aa)(AA) $6,195 or the
total maximum Federal Pell
Grant for the preceding award
year (as determined under
clause (iv)(II)), whichever is
greater, increased by a
percentage equal to the annual
adjustment percentage for the
award year for which the amount
under this subparagraph is
being determined; reduced by
``(BB) $5,135 or the
maximum Federal Pell Grant for
which a student was eligible
for the preceding award year,
as specified in the last
enacted appropriation Act
applicable to that year,
whichever is greater; and
``(bb) rounded to the
nearest $5.''.
<all>
Introduced in House
Introduced in House
Referred to the House Committee on Education and Labor.
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