S.2037 - Pell Grant Restoration Act of 2015114th Congress (2015-2016)
|Sponsor:||Sen. Boxer, Barbara [D-CA] (Introduced 09/16/2015)|
|Committees:||Senate - Health, Education, Labor, and Pensions|
|Latest Action:||Senate - 09/16/2015 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (All Actions)|
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Summary: S.2037 — 114th Congress (2015-2016)All Information (Except Text)
Introduced in Senate (09/16/2015)
Pell Grant Restoration Act of 2015
This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to restore a student's Pell Grant eligibility for any period of time during which the student qualified for, or would have qualified for, federal student loan forgiveness due to school closure, assertion of a defense against repayment, or institutional fraud or misconduct.
Specifically, this bill provides that Pell Grants received by a student during that period of time do not count toward the student's lifetime limit on Pell Grant eligibility (currently 12 full-time semesters).