H.R.4433 - Working Student Act of 2015114th Congress (2015-2016)
|Sponsor:||Rep. Duckworth, Tammy [D-IL-8] (Introduced 02/02/2016)|
|Committees:||House - Education and the Workforce|
|Latest Action:||House - 03/23/2016 Referred to the Subcommittee on Higher Education and Workforce Training. (All Actions)|
This bill has the status Introduced
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Summary: H.R.4433 — 114th Congress (2015-2016)All Information (Except Text)
Introduced in House (02/02/2016)
Working Student Act of 2015
This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to modify the income protection allowance levels used to calculate a student's expected family contribution and need for financial assistance. (An income protection allowance is an amount for basic living expenses that is protected from being considered income available for postsecondary educational expenses.)
Specifically, the bill increases, in academic year 2016-2017, income protection allowance levels for students who are dependent, independent without non-spouse dependents (e.g., children), and independent with non-spouse dependents to reduce such students' income available (and increase need for financial assistance) to cover postsecondary educational expenses.
The Department of Education must, in subsequent years, adjust the income protection allowance levels for inflation.