[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[S. 286 Introduced in Senate (IS)]







109th CONGRESS
  1st Session
                                 S. 286

    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

                            February 3, 2005

  Mr. Dodd (for himself, Ms. Mikulski, Mr. Jeffords, Mrs. Murray, Mr. 
   Lieberman, Mr. Sarbanes, Ms. Landrieu, Mr. Dayton, Mr. Levin, Mr. 
    Lautenberg, Mr. Inouye, Mr. Corzine, Mr. Durbin, and Mr. Akaka) 
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 striking subparagraph (A) and inserting the 
        following:
            ``(A) Except as provided in subparagraph (B), the amount of 
        the Federal Pell Grant for a student eligible under this part 
        shall be--
                    ``(i) $7,600 for academic year 2005-2006;
                    ``(ii) $8,600 for academic year 2006-2007;
                    ``(iii) $9,600 for academic year 2007-2008;
                    ``(iv) $10,600 for academic year 2008-2009; and
                    ``(v) $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 amended by 
        paragraph (2)) 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 not less 
        than 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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