Sec. 405. Restoring Federal Pell Grant eligibility for borrower defense
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/bill/115/hr/4074/ih/section-405A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 401(c)(5) ( 20 U.S.C. 1070a(c)(5) ) is amended— by striking
(5)The period and inserting the following:
(5)Maximum period .— Except as provided in subparagraph (B), the period ; and by adding at the end the following: Any Federal Pell Grant that a student received during a period described in subclause
(I)or
(II)of clause
(ii)shall not count towards the student’s duration limits under this paragraph. Clause
(i)shall apply with respect to any Federal Pell Grant awarded to a student to attend an institution— during a period— for which the student received a loan under this title; and for which the loan described in item
(aa)is forgiven under— section 437(c)(1) or 464(g)(1) due to the closing of the institution; section 455(h) due to the student’s successful assertion of a defense to repayment of the loan; or section 432(a)(6), section 685.215 of title 34, Code of Federal Regulations (or a successor regulation), or any other loan forgiveness provision or regulation under this Act, as a result of a determination by the Secretary or a court that the institution committed fraud or other misconduct; or during a period for which the student did not receive a loan under this title but for which, if the student had received such a loan, the student would have qualified for loan forgiveness under subclause (I)(bb). .
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Sec. 405
Restoring Federal Pell Grant eligibility for borrower defense
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