101
nomic literacy of students and, as appropriate, 
their parents.’’; 
(7) in section 323(a) (20 U.S.C. 1062(a))—
(A) by striking ‘‘section 360(a)(2)’’ and in-
serting ‘‘399(a)(2)’’; 
(B) 
by 
redesignating 
paragraphs 
(7) 
through (12) as paragraphs (8) through (13), 
respectively; and 
(C) by inserting after paragraph (6) the 
following: 
‘‘(7) Education or counseling services designed 
to improve the financial literacy and economic lit-
eracy of students and, as appropriate, their par-
ents.’’; 
(8) 
in 
section 
324(d)(2) 
(20 
U.S.C. 
1063(d)(2)), by striking ‘‘section 360(a)(2)(A)’’ and 
inserting ‘‘section 399(a)(2)(A)’’; 
(9) 
in 
section 
326(e)(1) 
(20 
U.S.C. 
1063b(e)(1)), in the matter preceding subparagraph 
(A), by inserting a colon after ‘‘the following’’; 
(10) in section 327(b) (20 U.S.C. 1063c(b)), by 
striking ‘‘initial’’; 
(11) 
in 
section 
342(5)(C) 
(20 
U.S.C. 
1066a(5)(C))—
102
(A) by inserting a comma after ‘‘equip-
ment’’ the first place it appears; and 
(B) by striking ‘‘technology,,’’ and insert-
ing ‘‘technology,’’; 
(12) in section 343(e) (20 U.S.C. 1066b(e)), by 
inserting after the subsection designation the fol-
lowing: ‘‘SALE OF QUALIFIED BONDS.—’’; 
(13) in section 351(a) (20 U.S.C. 1067a(a)), by 
striking ‘‘of 1979’’; 
(14) in section 391(b)(7)(E) (20 U.S.C. 
1068(b)(7)(E)), by striking ‘‘subparagraph (E)’’ and 
inserting ‘‘subparagraph (D)’’; and 
(15) in section 396 (20 U.S.C. 1068e), by strik-
ing ‘‘section 360’’ and inserting ‘‘section 399’’. 
(b) REPEAL.—Section 1024 (20 U.S.C. 1135b–3), as 
transferred by section 301(a)(5) of the Higher Education 
Amendments of 1998 (Public Law 105–244; 112 Stat. 
1636), is repealed. 
SEC. 305. TITLE III AUTHORIZATIONS. 
Section 399(a) (20 U.S.C. 1068h(a)) is amended—
(1) by striking ‘‘1999’’ each place it appears 
and inserting ‘‘2006’’; 
(2) by striking ‘‘4 succeeding fiscal years’’ each 
place it appears and inserting ‘‘5 succeeding fiscal 
years’’;
103
(3) in paragraph (1)—
(A) by striking ‘‘$10,000,000’’ in subpara-
graph (B) and inserting ‘‘$23,800,000’’; and 
(B) by striking ‘‘$5,000,000’’ in subpara-
graph (C) and inserting ‘‘$11,900,000’’; 
(4) in paragraph (2)—
(A) by striking ‘‘$135,000,000’’ in sub-
paragraph (A) and inserting ‘‘$241,000,000’’; 
and 
(B) by striking ‘‘$35,000,000’’ in subpara-
graph (B) and inserting ‘‘$59,000,000’’; and 
(5) in paragraph (4), by striking ‘‘$110,000’’ 
and inserting ‘‘$212,000’’. 
TITLE IV—STUDENT ASSISTANCE 
PART A—GRANTS TO STUDENTS 
SEC. 401. PELL GRANTS. 
(a) EXTENSION OF AUTHORITY.—Section 401(a) (20 
U.S.C. 1070a(a)) is amended by striking ‘‘2004’’ and in-
serting ‘‘2012’’. 
(b) DIRECT PAYMENT.—Section 401(a) (20 U.S.C. 
1070a(a)) is further amended—
(1) by striking paragraph (2); and 
(2) by redesignating paragraph (3) as para-
graph (2).
104
(c) 
MAXIMUM
GRANT
EXTENSION.—Paragraph 
(2)(A) of section 401(b) (20 U.S.C. 1070a(b)(2)(A)) is 
amended to read as follows: 
‘‘(2)(A) The amount of the Federal Pell Grant for 
a student eligible under this part shall be $5,800 for aca-
demic years 2006–2007 through 2012–2013, less an 
amount equal to the amount determined to be the expected 
family contribution with respect to that student for that 
year.’’. 
(d) TUITION SENSITIVITY.—Section 401(b) is further 
amended—
(1) by striking paragraph (3); and 
(2) by redesignating paragraphs (4) through 
(8) as paragraphs (3) through (7), respectively. 
(e) MULTIPLE GRANTS.—Paragraph (5) of section 
401(b) (as redesignated by subsection (d)(2)) is amended 
to read as follows: 
‘‘(5) YEAR-ROUND PELL GRANTS.—
‘‘(A) IN GENERAL.—The Secretary shall, 
for students enrolled full time in a bacca-
laureate degree program of study at an eligible 
institution, award such students two Pell grants 
during a single award year to permit such stu-
dents to accelerate progress toward their degree
105
objectives by enrolling in academic programs for 
12 months rather than 9 months. 
‘‘(B) LIMITATION.—The Secretary shall 
limit the awarding of additional Pell grants 
under this paragraph in a single award year to 
students attending baccalaureate degree grant-
ing institutions that have a graduation rate as 
reported by the Integrated Postsecondary Edu-
cation Data System for the 4 preceding aca-
demic years of at least 30 percent. 
‘‘(C) EVALUATION.—The Secretary shall 
conduct an evaluation of the program under 
this paragraph and submit to the Congress an 
evaluation report no later than October 1, 
2011. 
‘‘(D) REGULATIONS REQUIRED.—The Sec-
retary shall promulgate regulations imple-
menting this paragraph.’’. 
(f) ELIGIBILITY PERIOD.—Section 401(c)(2) (20 
U.S.C. 1070a(c)(2)) is amended by inserting ‘‘, for not 
more than one academic year,’’ after ‘‘which are deter-
mined by the institution’’ in the first sentence. 
(g) PELL GRANTS PLUS: ACHIEVEMENT GRANTS 
FOR STATE SCHOLARS PROGRAM.—
106
(1) AMENDMENT.—Subpart 1 of part A of title 
IV is amended by inserting after section 401 (20 
U.S.C. 1070a) the following new section: 
‘‘SEC. 401A. PELL GRANTS PLUS: ACHIEVEMENT GRANTS 
FOR STATE SCHOLARS. 
‘‘(a) GRANTS AUTHORIZED.—From sums appro-
priated to carry out section 401, the Secretary shall estab-
lish a program to award Pell Grants Plus to students 
who—
‘‘(1) have successfully completed—
‘‘(A) a rigorous high school program of 
study established by a State or local educational 
agency in consultation with a State coalition as-
sisted by the Center for State Scholars; or 
‘‘(B) a high school program of study estab-
lished by a State or local educational agency 
that is as or more rigourous than a program 
described in subparagraph (A); 
‘‘(2) are enrolled full-time in the first academic 
year of undergraduate education, and have not been 
previously enrolled in a program of undergraduate 
education; and 
‘‘(3) are eligible to receive Federal Pell Grants 
for the year in which the grant is awarded. 
‘‘(b) AMOUNT OF GRANTS.—
107
‘‘(1) IN GENERAL.—Except as provided in para-
graph (2), the amount of the grant awarded under 
this section to any student for any award year shall 
be an amount equal to one-half the amount of the 
Pell grant awarded to such student for such award 
year. 
‘‘(2) ASSISTANCE NOT TO EXCEED COST OF AT-
TENDANCE.—A grant awarded under this section to 
any student, in combination with the Federal Pell 
Grant assistance and other student financial assist-
ance available to such student, may not exceed the 
student’s cost of attendance. 
‘‘(c) SELECTION OF RECIPIENTS.—
‘‘(1) PROCEDURES ESTABLISHED BY REGULA-
TION.—The Secretary shall establish by regulation 
procedures for the determination of eligibility of stu-
dents for the grants awarded under this section. 
Such procedures shall include measures to ensure 
that eligibility is determined in a timely and accu-
rate manner consistent with the requirements of sec-
tion 482 and the submission of the financial aid 
form required by section 483. 
‘‘(2) REQUIRED
INFORMATION.—Each eligible 
student desiring an award under this section shall
108
submit at such time and in such manner such infor-
mation as the Secretary may reasonably require. 
‘‘(3) CONTINUATION
OF
GRANT
REQUIRE-
MENTS.—In order for a student to continue to be el-
igible to receive an award under this section for the 
second year of undergraduate education, the eligible 
student must—
‘‘(A) maintain eligibility to receive a Fed-
eral Pell Grant for that year; 
‘‘(B) obtain a grade point average of at 
least 3.0 (or the equivalent as determined under 
regulations prescribed by the Secretary) for the 
first year of undergraduate education; and 
‘‘(C) be enrolled full-time and fulfill the re-
quirements for satisfactory progress described 
in section 484(c). 
‘‘(d) EVALUATION
AND REPORTS.—The Secretary 
shall monitor the progress, retention, and completion rates 
of the students to whom awards are provided under this 
section. In doing so, the Secretary shall evaluate the im-
pact of the Pell Grants Plus Program and report, not less 
than biennially, to the authorizing committees of the 
House of Representatives and the Senate.’’.
109
(2) CONFORMING AMENDMENT.—Chapter 3 of 
subpart 2 of part A of title IV (20 U.S.C. 1070a–
31 through 1070a–35) is repealed. 
SEC. 402. TRIO PROGRAMS. 
(a) DURATION OF GRANTS.—
(1) AMENDMENT.—Section 402A(b)(2) (20 
U.S.C. 1070a–11(b)(2)) is amended to read as fol-
lows: 
‘‘(2) DURATION.—Grants or contracts awarded 
under this chapter shall be awarded for a period of 
5 years, except that—
‘‘(A) grants under section 402G shall be 
awarded for a period of 2 years; and 
‘‘(B) grants under section 402H shall be 
awarded for a period determined by the Sec-
retary.’’. 
(2) TRANSITION TO SYNCHRONOUS GRANT PE-
RIODS.—Notwithstanding section 402A(b)(2) of the 
Higher Education Act of 1965 (as in effect both 
prior to and after the amendment made by para-
graph (1) of this subsection), the Secretary of Edu-
cation may continue an award made before the date 
of enactment of this Act under section 402B, 402C, 
402D, 402E, or 402F of such Act as necessary to 
permit all the awards made under such a section to
110
expire at the end of the same fiscal year, and there-
after to expire at the end of 5 years as provided in 
the amendment made by paragraph (1) of this sub-
section. 
(b) MINIMUM GRANTS.—Section 402A(b)(3) (20 
U.S.C. 1070a–11(b)(3)) is amended to read as follows: 
‘‘(3) MINIMUM GRANTS.—Unless the institution 
or agency requests a smaller amount, individual 
grants for programs authorized under this chapter 
shall be no less than $200,000, except that indi-
vidual grants for programs authorized under section 
402G shall be no less than $170,000.’’. 
(c) PRIOR EXPERIENCE; NOVICE APPLICANTS.—Sec-
tion 402A(c)(2) (20 U.S.C. 1070a–11(c)(2)) is amend-
ed—
(1) by striking ‘‘In making grants’’ and insert-
ing ‘‘(A) Subject to subparagraph (B), in making 
grants’’; and 
(2) by adding at the end the following new sub-
paragraph: 
‘‘(B) From the amount available under sub-
section (f) for a program under this chapter (other 
than a program under section 402G or 402H) for 
any fiscal year in which the Secretary conducts a 
competition for the award of grants or contracts
111
under such program, the Secretary shall reserve 10 
percent of such available amount for purposes of 
funding applications from novice applicants. If the 
Secretary determines that there are an insufficient 
number of qualified novice applicants to utilize the 
amount so reserved, the Secretary shall restore the 
unutilized remainder of the amount reserved for use 
by applicants qualifying under subparagraph (A).’’. 
(d) APPLICATION STATUS.—Section 402A(c) (20 
U.S.C. 1070a–11(c)) is amended by striking paragraph 
(7). 
(e) DOCUMENTATION OF STATUS.—Section 402A(e) 
(20 U.S.C. 1070a–11(e)) is amended by striking ‘‘(g)(2)’’ 
each place it appears in paragraphs (1) and (2) and insert-
ing ‘‘(g)(4)’’. 
(f) AUTHORIZATION OF APPROPRIATIONS.—Section 
402A(f) (20 U.S.C. 1070a–11(f)) is amended by striking 
‘‘$700,000,000 for fiscal year 1999, and such sums as 
may be necessary for each of the 4 succeeding fiscal years’’ 
and inserting ‘‘$836,500,000 for fiscal year 2006 and 
such sums as may be necessary for each of the 5 suc-
ceeding fiscal years’’. 
(g) DEFINITION.—Section 402A(g) (20 U.S.C. 
1070a–11(g)) is amended—
112
(1) in paragraph (3), by striking ‘‘by reason of 
such individual’s age’’; 
(2) by redesignating paragraphs (1) through 
(4) as paragraphs (3) through (6), respectively; and 
(3) by inserting before paragraph (3), as redes-
ignated, the following: 
‘‘(1) DIFFERENT CAMPUS.—The term ‘different 
campus’ means an institutional site that—
‘‘(A) is geographically apart from the main 
campus of the institution; 
‘‘(B) is permanent in nature; and 
‘‘(C) offers courses in educational pro-
grams leading to a degree, certificate, or other 
recognized educational credential. 
‘‘(2) DIFFERENT POPULATION.—The term ‘dif-
ferent population’ means a group of individuals, with 
respect to whom an entity seeks to serve through an 
application for funding under this chapter, that—
‘‘(A) is separate and distinct from any 
other population that the entity seeks to serve 
through an application for funding under this 
chapter; or 
‘‘(B) while sharing some of the same needs 
as another population that the entity seeks to 
serve through an application for funding under