Sec. 4. Doubling Federal Pell Grants and providing all Federal Pell Grants through mandatory funding
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Section 401 ( 20 U.S.C. 1070a ) is amended— in subsection (a)(2)(F), by striking 10 percent and inserting 5 percent ; in subsection (b)— in paragraph (1)(B)(i), by striking paragraph (5)(A) and inserting paragraph
(5); by striking paragraph
(5)and inserting the following: For award year 2025–2026, the total maximum Federal Pell Grant award shall be $10,000. For award year 2026–2027, the total maximum Federal Pell Grant award shall be $11,000. For award year 2027–2028, the total maximum Federal Pell Grant award shall be $12,000. For award year 2028–2029, the total maximum Federal Pell Grant award shall be $13,000. For award year 2029–2030, the total maximum Federal Pell Grant award shall be $14,000. For award year 2030–2031, and each subsequent award year, the total maximum Federal Pell Grant award shall be $14,000— increased by the adjustment percentage for the award year for which the amount under this subparagraph is being determined; and rounded to the nearest $50. In this paragraph, the term adjustment percentage, as applied to an award year, is equal to the percentage increase in the Consumer Price Index, as defined in section 478(f), for the most recent calendar year ending prior to the beginning of the award year. ; by striking paragraphs
(6)and
(7)and inserting the following: There are authorized to be appropriated, and there are appropriated, out of any money in the Treasury not otherwise appropriated, such sums as may be necessary for fiscal year 2025 and each subsequent fiscal year to provide the Federal Pell Grant for which a student shall be eligible under this section during an award year. ; and by redesignating paragraphs
(8)and
(9)as paragraphs
(7)and (8), respectively; in subsection (d)(5)(B)— in clause (i), by striking subclause
(I)or
(II)and inserting subclause (I), (II), or
(III); and in clause (ii)— in subclause (I)(bb), by striking or after the semicolon; in subclause (II)(bb)(CC), by striking the period and inserting ; or ; and by adding at the end the following: 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, such loan would have been discharged under the circumstances described in subclause (II)(bb)(CC). ; by striking subsections
(g)and (h); and by redesignating subsections
(i)and
(j)as subsections
(g)and (h), respectively. Section 406 of H. Con. Res. 95 (109th Congress) is amended— by striking subsection (b); and by striking
(a)and inserting the following: In general .—Upon Upon . Section 402D(d)(1) ( 20 U.S.C. 1070a–14(d)(1) ) is amended by striking the minimum and inserting 10 percent of the total maximum . Section 404E(d) ( 20 U.S.C. 1070a–25(d) ) is amended by striking less than the minimum and inserting less than 10 percent of the total maximum .
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- 20 USC 1070a–14(d)(1)
- 20 USC 1070a–25(d)
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Sec. 4
Doubling Federal Pell Grants and providing all Federal Pell Grants through mandatory funding
Cite20 USC 1070a–14(d)(1)
Cite20 USC 1070a–25(d)
Cites 3Cited by 0 across 0 sources