Source: https://www.govregs.com/uscode/title20_chapter28_subchapterIV_partF_section1087pp
Timestamp: 2020-08-12 20:56:57
Document Index: 355393090

Matched Legal Cases: ['§\u202f1087', '§\u202f1087', '§\u202f1087', '§\u202f476', '§\u202f406', '§\u202f14', '§\u202f471', '§\u202f2', '§\u202f609', '§\u202f474', '§\u202f8017', '§\u202f601']

20 USC 1087pp - Family contribution for independent students without dependents other than a spouse
§ 1087oo. Family contribution for dependent students
§ 1087qq. Family contribution for independent students with dependents other than a spouse
§ 1087pp.
Family contribution for independent students without dependents other than a spouse
the family’s contribution from available income (determined in accordance with subsection (b)); and
dividing the sum resulting under paragraph (1) by the number of students who are enrolled or accepted for enrollment, on at least a half-time basis, in a degree, certificate, or other program leading to a recognized educational credential at an institution of higher education that is an eligible institution in accordance with the provisions of section 1094 of this title during the award period for which assistance under this subchapter is requested; and
Family’s contribution from available income
The family’s contribution from income is determined by—
Employment expenses allowance
Assessment of available income
The family’s available income (determined in accordance with paragraph (1)(A) of this subsection) is assessed at 50 percent.
Family contribution from assets
The family’s net worth is calculated by adding—
In the case of a student who is divorced or separated, or whose spouse has died, the spouse’s income and assets shall not be considered in determining the family’s contribution from income or assets.
(Pub. L. 89–329, title IV, § 476, as added Pub. L. 99–498, title IV, § 406(a), Oct. 17, 1986, 100 Stat. 1463; amended Pub. L. 100–50, § 14(1), (3), (4), (13)–(17), June 3, 1987, 101 Stat. 349, 351; Pub. L. 102–325, title IV, § 471(a), July 23, 1992, 106 Stat. 594; Pub. L. 103–208, § 2(g)(6), Dec. 20, 1993, 107 Stat. 2472; Pub. L. 105–78, title VI, § 609(h), Nov. 13, 1997, 111 Stat. 1524; Pub. L. 105–244, title IV, § 474, Oct. 7, 1998, 112 Stat. 1730; Pub. L. 109–171, title VIII, § 8017(b)(1), Feb. 8, 2006, 120 Stat. 173; Pub. L. 110–84, title VI, § 601(b), Sept. 27, 2007, 121 Stat. 801.)
cite as: 20 USC 1087pp