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United States · Bill · HR

H.R. 3411 (102nd)

To amend the Higher Education Act of 1965 to preclude the consideration of nonliquid assets in the determination of Federal student financial assistance.

referredUnited States· United States Congress· EN

Introduced

25 September 1991

Last action

Status

Referred to the Subcommittee on Postsecondary Education.

Sponsors

Subjects

Discovery layer

Source updated

21 July 2025

Summary

Amends the Higher Education Act of 1965 to exclude from the calculation of expected family contribution in the determination of need for assistance under the Pell Grant program and other student assistance programs the following assets: (1) the family's principal place of residence; (2) a family farm on which the family resides; and (3) a small business substantially owned and managed by a member or members of the family.

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Documents

2 official files

Introduced in House (text)

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Sources

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