Sec. 3. Funding the Federal Pell Grant program through mandatory appropriations
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Section 401(b) of the Higher Education Act of 1965 ( 20 U.S.C. 1070a(b) ) is amended— in paragraph (2), by adding at the end the following: For fiscal year 2017 and each succeeding fiscal year, there are appropriated, out of any money in the Treasury not otherwise appropriated, such sums as may be necessary to provide, in combination with any amounts separately appropriated under subparagraph (A)(ii), Federal Pell Grants under this section in the amount specified in subparagraph
(A)to all eligible students. The amounts made available by clause
(i)for any fiscal year shall be available beginning on October 1 of that fiscal year, and shall remain available through September 30 of the succeeding fiscal year. ; and by striking paragraph (7). The amendments made by subsection
(a)shall apply with respect to Federal Pell Grants awarded under section 401 of the Higher Education Act of 1965 ( 20 U.S.C. 1070a ) for award year 2017–2018 and each succeeding award year.
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Sec. 3
Funding the Federal Pell Grant program through mandatory appropriations
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