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Code · BILL · 116th Congress · H.R. 4674 (Introduced in House) — To amend and strengthen the Higher Education Act of 1965 to lower the cost of college for students and families, to h... · Sec. 4505

Sec. 4505. Amendments to family contribution for independent students with dependents other than a spouse

146 words·~1 min read·/bill/116/hr/4674/ih/section-4505

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Section 477(a)(1)(B) of the Higher Education Act of 1965 ( 20 U.S.C. 1087qq(a)(1)(B) ) is amended by inserting before the family’s contribution the following: only in the case of a pathway three applicant, . Section 477 of the Higher Education Act of 1965 ( 20 U.S.C. 1087qq ) is amended— in subsection (a)(3), by striking award period and inserting award year ; and by amending subsection (b)(4) to read as follows: The income protection allowance is determined by the following table (or a successor table prescribed by the Secretary under section 478), for award year 2021–2022:
Income Protection Allowance Family Size Number in College (including student) 1 2 3 4 5 For each additional subtract: 2 $36,370 $30,160 $6,180 3 45,290 39,100 $32,890 4 55,920 49,720 43,540 $37,300 5 65,990 59,750 53,570 47,360 $41,180 6 77,170 70,960 64,790 58,540 52,350 For each additional add: 8,710 .
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Sec. 4505
Amendments to family contribution for independent students with dependents other than a spouse
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