Summary: H.R.4245 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.4245. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (09/09/2019)

HOPE (Heightening Opportunities for Pathways to Education) for FAFSA Act

This bill revises the application process for a Free Application for Federal Student Aid.

Specifically, the Department of Education (ED) shall not require an applicant to provide income or asset information if the applicant indicates they received a federal benefit (e.g., supplemental nutrition assistance or Social Security disability) at some time during the previous 24 months. ED shall use a data retrieval tool to obtain such information for any other applicant.

The bill raises to $34,000 the amount of household income below which a student shall be considered to have an expected family contribution (EFC) equal to zero. EFC is used to calculate individual financial aid awards, and an EFC of zero means that a student's family is deemed unable to contribute to educational expenses.