[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[S. 184 Introduced in Senate (IS)]







108th CONGRESS
  1st Session
                                 S. 184

    To amend section 401(b)(2) of the Higher Education Act of 1965 
            regarding the Federal Pell Grant maximum amount.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            January 16, 2003

  Mr. Dodd (for himself, Ms. Mikulski, Mr. Jeffords, Mrs. Murray, Ms. 
Landrieu, and Mr. Dayton) introduced the following bill; which was read 
 twice and referred to the Committee on Health, Education, Labor, and 
                                Pensions

_______________________________________________________________________

                                 A BILL


 
    To amend section 401(b)(2) of the Higher Education Act of 1965 
            regarding the Federal Pell Grant maximum amount.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. FEDERAL PELL GRANT MAXIMUM AMOUNT.

    Section 401(b)(2) of the Higher Education Act of 1965 (20 U.S.C. 
1070a(b)(2)) is amended--
            (1) by redesignating subparagraph (B) as subparagraph (C);
            (2) by amending subparagraph (A) to read as follows:
    ``(A) Except as provided in subparagraph (B), the amount of the 
Federal Pell Grant for a student eligible under this part shall be--
            ``(i) $6,700 for academic year 2004-2005;
            ``(ii) $7,600 for academic year 2005-2006;
            ``(iii) $8,600 for academic year 2006-2007;
            ``(iv) $9,600 for academic year 2007-2008;
            ``(v) $10,600 for academic year 2008-2009; and
            ``(vi) $11,600 for academic year 2009-2010,
less an amount equal to the amount determined to be the expected family 
contribution with respect to that student for that year.''; and
            (3) by inserting after subparagraph (A) (as so amended) the 
        following:
    ``(B) If the Secretary determines that the increase from one 
academic year to the next in the amount of the maximum Federal Pell 
Grant authorized under subparagraph (A) does not increase students' 
purchasing power (relative to the cost of attendance at an institution 
of higher education) by at least 5 percentage points, then the amount 
of the maximum Federal Pell Grant authorized under subparagraph (A) for 
the academic year for which the determination is made shall be 
increased by an amount sufficient to achieve such a 5 percentage point 
increase.''.
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