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United States · Bill · HR

H.R. 5661 (107th)

College Tuition Assistance Act of 2002

referredUnited States· United States Congress· EN

Introduced

16 October 2002

Last action

Status

Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Sponsors

Subjects

Discovery layer

Source updated

19 August 2025

Summary

College Tuition Assistance Act of 2002 - Amends the Internal Revenue Code to increase the applicable dollar amount for the qualified tuition and related expenses deduction from $3,000 (for 2002 and 2003) and $4,000 (for 2004 and 2005) to $10,000. Increases the Lifetime Learning Credit percentage from 20 to 28 percent. Permits the student loan interest deduction on a per student basis. Amends the Higher Education Act of 1965 to extend and increase Pell grant maximum amounts ($6,500 for academic year 2003-2004 and $7,000 for academic year 2004-2005).

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Documents

3 official files

Introduced in House (text)

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Sources

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