Higher Education Technical Amendments Act of 1987

Summary

Higher Education Technical Amendments Act of 1987 - Amends provisions of the Higher Education Act of 1965 relating to: (1) the selection criteria for institutional challenge grant eligibility, including provisions for the waiver of certain requirements in certain cases when the Secretary of Education determines that such a waiver will substantially increase higher education opportunities appropriate to the needs of American Indians; (2) the value of a principal residence for the purpose of computations to determine Pell grant eligibility in certain cases involving dislocated workers or displaced homemakers; (3) the definition of "untaxed income and benefits" for the purpose of computing annual adjusted family income for Pell grant eligibility determinations; (4) the formula used in assessing institutional need for purposes of the allocation of funding for supplemental educational opportunity grants; (5) authorizations for FY 1987 through 1991 for the high school equivalency and the college assistance migrant programs; (6) special child care services for disadvantaged college students; (7) per student aggregate loan limits; (8) variable interest rates on supplemental and PLUS loans, and limitation, repayment, and refinancing criteria applicable to such loans; (9) PLUS loan deferments; (10) consolidation loans; (11) insurance program agreements to qualify loans for interest subsidies; (12) guaranty agreements for reimbursing loans; (13) the computation of the interest rate on loans under the income contingent direct loan demonstration project; (14) the financial needs assessment of students, including provisions governing the discretion of a student financial aid administrator to make necessary adjustments to allow for the treatment of individual students with special circumstances; and (15) the eligibility of preschool teachers for the Congressional Teacher Scholarship program. Amends the Higher Education Amendments of 1986 relating to: (1) effective dates; and (2) the conduct of certain required studies. Amends the General Education Provisions Act concerning the disposition of certain funds received by the Center for Education Statistics.

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Documents

5 official files

• Public Law (PDF)

  Public Law · EN · 4 June 1987

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• Passed Senate amended

  summary · EN · 19 May 1987

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• Passed House amended

  summary · EN · 21 April 1987

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• Reported to House with amendment(s)

  summary · EN · 7 April 1987

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• Introduced in House

  summary · EN · 30 March 1987

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