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[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[S. 2037 Introduced in Senate (IS)]

114th CONGRESS
  1st Session
                                S. 2037

 To amend the Higher Education Act of 1965 to clarify the Federal Pell 
Grant duration limits of borrowers who attend an institution of higher 
  education that closes or commits fraud or other misconduct, and for 
                            other purposes.

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                           September 16, 2015

 Mrs. Boxer (for herself, Mr. Durbin, Ms. Warren, Ms. Hirono, and Mr. 
    Murphy) introduced the following bill; which was read twice and 
  referred to the Committee on Health, Education, Labor, and Pensions

_______________________________________________________________________

                                 A BILL

 
 To amend the Higher Education Act of 1965 to clarify the Federal Pell 
Grant duration limits of borrowers who attend an institution of higher 
  education that closes or commits fraud or other misconduct, and for 
                            other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Pell Grant Restoration Act of 
2015''.

SEC. 2. FEDERAL PELL GRANT DURATION LIMITS.

    Section 401(c)(5) of the Higher Education Act of 1965 (20 U.S.C. 
1070a(c)(5)) is amended--
            (1) by striking ``The period'' and inserting ``(A) Except 
        as provided in subparagraph (B), the period''; and
            (2) by adding at the end the following:
            ``(B)(i) Any Federal Pell Grant that a student received 
        during a period described in subclause (I) or (II) of clause 
        (ii) shall not count towards the student's duration limits 
        under this paragraph.
            ``(ii) Clause (i) shall apply with respect to any Federal 
        Pell Grant awarded to a student to attend an institution--
                    ``(I) during a period--
                            ``(aa) for which the student received a 
                        loan under this title; and
                            ``(bb) for which the loan described in item 
                        (aa) is forgiven under--
                                    ``(AA) section 437(c)(1) or 
                                464(g)(1) due to the closing of the 
                                institution;
                                    ``(BB) section 455(h) due to the 
                                student's successful assertion of a 
                                defense to repayment of the loan; or
                                    ``(CC) section 432(a)(6), section 
                                685.215 of title 34, Code of Federal 
                                Regulations (or a successor 
                                regulation), or any other loan 
                                forgiveness provision or regulation 
                                under this Act, as a result of a 
                                determination by the Secretary or a 
                                court that the institution committed 
                                fraud or other misconduct; or
                    ``(II) during a period for which the student did 
                not receive a loan under this title but for which, if 
                the student had received such a loan, the student would 
                have qualified for loan forgiveness under subclause 
                (I)(bb).''.
                                 <all>
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