Laws & Guidance HIGHER EDUCATION
1998 Amendments to the Higher Education Act of 1965
P.L. 105-244

TITLE IV--STUDENT ASSISTANCE

PART F--NEED ANALYSIS

SEC. 474. FAMILY CONTRIBUTION FOR INDEPENDENT STUDENTS WITHOUT DEPENDENTS OTHER THAN A SPOUSE

(a) ADJUSTMENTS FOR ENROLLMENT PERIODS OF LESS THAN NINE MONTHS- Section 476(a) (20 U.S.C. 1087pp(a)) is amended--

(1) by striking `and' at the end of paragraph (1)(B);

(2) by inserting `and' after the semicolon at the end of paragraph (2); and

(3) by inserting after paragraph (2) the following new paragraph:

`(3) for periods of enrollment of less than 9 months, for purposes other than subpart 2 of part A--

`(A) dividing the quotient resulting under paragraph (2) by 9; and

`(B) multiplying the result by the number of months in the period of enrollment;'.

(b) CONTRIBUTION FROM AVAILABLE INCOME- Section 476(b)(1)(A)(iv) is amended--

(1) by striking `allowance of--' and inserting `allowance of the following amount (or a successor amount prescribed by the Secretary under section 478)--';

(2) in subclauses (I) and (II), by striking `$3,000' each place the term appears and inserting `$5,000'; and

(3) in subclause (III), by striking `$6,000' and inserting `$8,000'.

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Last Modified: 09/25/2003