Sec. 401. Proceeds not treated as income in calculation of financial need under the higher education act of 1965
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/bill/114/hr/3432/ih/section-401·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No portion of any amounts received by an individual for entering into an income-share agreement (as such term is defined in section 101 of this Act) that complies with the requirements of section 103 of this Act shall be included as income or assets in the computation of expected family contribution for any program funded in whole or in part under the Higher Education Act of 1965 ( 20 U.S.C. 1001 et seq. ).
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Sec. 401
Proceeds not treated as income in calculation of financial need under the higher education act of 1965
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