3.0.0 707 2023-01-11T19:57:25Z 2023-01-11T19:57:25Z Senate S S 2007-02-28 110 sshr00 Health, Education, Labor, and Pensions Committee Senate Standing Referred to 2007-02-28T19:44:32Z Pell Grant Equity Act of 2007 110 990 HR 2007-06-05 Referred to the Subcommittee on Higher Education, Lifelong Learning, and Competitiveness. Related bill CRS 2007-02-28 sshr00 Health, Education, Labor, and Pensions Committee Senate Read twice and referred to the Committee on Health, Education, Labor, and Pensions. IntroReferral 2007-02-28 Sponsor introductory remarks on measure. (CR S2362-2363) IntroReferral B00100 9 Library of Congress 2007-02-28 Introduced in Senate IntroReferral 10000 9 Library of Congress B000711 Sen. Boxer, Barbara [D-CA] BARBARA BOXER D CA N F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA 2007-02-28 True Education Collection of accounts College costs Economics and Public Finance Federal aid to education Federally-guaranteed loans Finance and Financial Sector Higher education Loan defaults Scholarships Student loan funds Education 00 2007-02-28 Introduced in Senate 2007-03-16T14:59:22Z Pell Grant Equity Act of 2007 - Amends the Higher Education Act of 1965 to make the formula for calculation of an individual Pell Grant which includes, in part, the sum of the student's tuition, inapplicable for the 2007-2008 academic year. (Thus suspends for such year the "tuition sensitivity provision" which prohibits maximum Pell Grant awards to students attending low-tuition institutions of higher education even if their income is low enough to otherwise qualify for the maximum award.)

Amends the Federal Family Education Loan program to lower from 23% to 22% for FY2008 the percentage of a borrower's student loan payment made subsequent to default that a guaranty agency may retain for deposit in its operating fund if the Secretary of Education has already reimbursed it for such default.

]]> Pell Grant Equity Act of 2007 Official Title as Introduced A bill to provide all low-income students with the same opportunity to receive a Pell Grant by suspending the tuition sensitivity provision in the Pell Grant program. Introduced in Senate IS Display Title Pell Grant Equity Act of 2007 Short Titles as Introduced Pell Grant Equity Act of 2007 Introduced in Senate 2007-02-28T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s707is/xml/BILLS-110s707is.xml 2007-02-28 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.