Sec. 4041. Purpose; appropriations authorized
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/bill/116/hr/4674/ih/section-4041·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 413A of the Higher Education Act of 1965 ( 20 U.S.C. 1070b ) is amended— by amending subsection
(a)to read as follows: It is the purpose of this subpart to— provide, through institutions of higher education, supplemental grants to assist in making available the benefits of postsecondary education to qualified students who demonstrate financial need in accordance with the provisions of part F of this title; and to establish grant programs at various institutions of higher education, as defined in section 101, to determine best practices and policies regarding the distribution of emergency grant aid to assist students in completing their program of study, notwithstanding aid they may have received in accordance with the provisions of part F of this title. ; in subsection (b)(1), by striking appropriated and all that follows through the end and inserting appropriated— $1,150,000,000 for fiscal year 2021; $1,300,000,000 for fiscal year 2022; $1,450,000,000, for fiscal year 2023; $1,600,000,000 for fiscal year 2024; and $1,750,000,000 for fiscal year 2025 and each succeeding fiscal year. ; by redesignating paragraph
(2)as paragraph (3); and by inserting after paragraph
(1)the following: For the purpose of enabling the Secretary to fund emergency grant aid programs under section 440D, there are allocated, from funds authorized under paragraph (b)(1), $12,500,000 for fiscal year 2021 and each of the 5 succeeding fiscal years. .
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Sec. 4041
Purpose; appropriations authorized
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