20 U.S.C. § 1087mm — Special rules for student aid index

submitted 40 years ago by Pub. L. 89-329 to r/title-20-EDUCATION · 187 words · no verdicts yet

in plain englishAI-generated · not legal advice

The “student aid index” is an estimate of the resources a student can contribute toward postsecondary education. Certain applicants automatically receive an index of zero, or negative $1,500 for some nonfilers.

(a) In general. For a student, “student aid index” means an index reflecting an evaluation of the student’s approximate resources available to contribute to postsecondary education for the academic year, calculated under this part. (b) Total maximum Pell Grant. The Secretary must treat an applicant eligible for the total maximum Pell Grant under section 1070a(b)(1)(A) as having an index of zero. If the calculated index is below zero, the negative number is used instead. (c) Nonfilers. Despite subsection (b), if the applicant—or, when applicable, the applicant and spouse or the applicant’s parents—was not required to file a Federal tax return for the second preceding tax year, the index for this subchapter is negative $1,500.

the actual law source: uscode.house.gov ↗public domain

(a) In general

For the purpose of this chapter, the term “student aid index” means, with respect to a student, an index that reflects an evaluation of a student’s approximate financial resources to contribute toward the student’s postsecondary education for the academic year, as determined in accordance with this part.

(b) Special rule for students eligible for the total maximum Pell Grant

The Secretary shall consider an applicant to automatically have a student aid index equal to zero if the applicant is eligible for the total maximum Federal Pell Grant under section 1070a(b)(1)(A) of this title, except that, if the applicant has a calculated student aid index of less than zero the Secretary shall consider the negative number as the student aid index for the applicant.

Notwithstanding subsection (b), for an applicant (or, as applicable, an applicant and spouse, or an applicant’s parents) who is not required to file a Federal tax return for the second preceding tax year, the Secretary shall for the purposes of this subchapter consider the student aid index as equal to − $1,500 for the applicant.

Source credit: (Pub. L. 89–329, title IV, § 473, as added Pub. L. 99–498, title IV, § 406(a), Oct. 17, 1986, 100 Stat. 1455; amended Pub. L. 102–325, title IV, § 471(a), July 23, 1992, 106 Stat. 586; Pub. L. 105–244, title IV, § 480(b), Oct. 7, 1998, 112 Stat. 1732; Pub. L. 111–39, title IV, § 406(a)(1), July 1, 2009, 123 Stat. 1948; Pub. L. 115–141, div. H, title III, § 317, Mar. 23, 2018, 132 Stat. 753; Pub. L. 116–260, div. FF, title VII, § 702(b), Dec. 27, 2020, 134 Stat. 3138.)

history & why it existsrecord from the source credit

1986Enacted · Pub. L. 89-329 · 100 Stat. 1455
1992Amended · Pub. L. 102-325 · 106 Stat. 586
1998Amended · Pub. L. 105-244 · 112 Stat. 1732
2009Amended · Pub. L. 111-39 · 123 Stat. 1948
2018Amended · Pub. L. 115-141 · 132 Stat. 753
2020Amended · Pub. L. 116-260 · 134 Stat. 3138

A history note hasn’t been published yet. The record shows enactment by Pub. L. 89-329 on 1986-10-17.

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