Sec. 4. Mandatory Federal Pell Grant increases
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Section 401(b) of the Higher Education Act of 1965 ( 20 U.S.C. 1070a(b) ) (as amended by this Act) is further amended— in paragraph (2)— by striking
(2)and all that follows through The amount of the Federal Pell Grant and inserting (2)(A) The amount of the Federal Pell Grant ; by moving the margins of subparagraph
(A)two ems to the left; and in subparagraph (A)— by redesignating clause
(iii)as clause (iv); and by inserting after clause
(ii)the following new clause (iii): the amount of the increase calculated under paragraph (7), less ; and by adding at the end the following new paragraph: The amount of the maximum Federal Pell Grant for which an eligible student is eligible during an award year, as specified in paragraph (2)(A) for that award year, shall be increased by the difference between— the average total cost of attendance for first-time, full-time undergraduate students in the United States at public 2-year institutions for students living on-campus, as determined by the National Center for Education Statistics, for the last academic year preceding the beginning of the fiscal year for which the increase is made; and the amount of the maximum Federal Pell Grant for which a student is eligible during an award year, as specified in paragraph (2)(A) for that award year. For purposes of subparagraph (A), an eligible student is an otherwise eligible student who has a negative or zero estimated family contribution. . 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. 4
Mandatory Federal Pell Grant increases
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