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20 U.S.C. § 1087rr — Regulations; updated tables
Federal law — U.S. Code and appendices · legal_authorities
**(a) Authority to prescribe regulations restricted** Notwithstanding any other provision of law, the Secretary shall not have the authority to prescribe regulations to carry out this part except—
(1) to prescribe updated tables in accordance with subsections (b) through (g); and
(2) with respect to the definition of cost of attendance under section 1087ll of this title, excluding section 1087ll(a)(1) of this title.
**(b) Income protection allowance adjustments** For award year 2023–2024 and each subsequent award year, the Secretary shall publish in the Federal Register revised income protection allowances for the purposes of subsections (c)(3) and (g)(2)(C) of section 1087oo of this title, subclauses (I) and (II) of [section 1087pp(b)(1)(A)(iii) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087pp/b/1/A/iii&num=0&edition=prelim), and [section 1087qq(b)(3) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087qq/b/3&num=0&edition=prelim), by increasing the income protection allowances in each of such provisions, by a percentage equal to the percentage increase in the Consumer Price Index, as defined in subsection (f), between April 2020 and the April in the year prior to the beginning of the award year and rounding the result to the nearest $10.
**(c) Adjusted net worth of a farm or business**
(1) **Table** — The table of the net worth of a farm or business for purposes of making determinations of assets as defined under [section 1087vv(f) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087vv/f&num=0&edition=prelim) is the following: Farm/Business Net Worth Adjustment If the net worth of a farm or business is—Then the adjusted net worth
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Source file: Laws/federal/codes/united-states-code/title-20/section-1087rr-regulations-updated-tables--29901e0d44.md
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Source location: Title 20, Chapter 28, § 1087rr; chapter-028-higher-education-resources-and-student-assistance.md
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**(a) Authority to prescribe regulations restricted** Notwithstanding any other provision of law, the Secretary shall not have the authority to prescribe regulations to carry out this part except—
(1) to prescribe updated tables in accordance with subsections (b) through (g); and
(2) with respect to the definition of cost of attendance under section 1087ll of this title, excluding section 1087ll(a)(1) of this title.
**(b) Income protection allowance adjustments** For award year 2023–2024 and each subsequent award year, the Secretary shall publish in the Federal Register revised income protection allowances for the purposes of subsections (c)(3) and (g)(2)(C) of section 1087oo of this title, subclauses (I) and (II) of [section 1087pp(b)(1)(A)(iii) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087pp/b/1/A/iii&num=0&edition=prelim), and [section 1087qq(b)(3) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087qq/b/3&num=0&edition=prelim), by increasing the income protection allowances in each of such provisions, by a percentage equal to the percentage increase in the Consumer Price Index, as defined in subsection (f), between April 2020 and the April in the year prior to the beginning of the award year and rounding the result to the nearest $10.
**(c) Adjusted net worth of a farm or business**
(1) **Table** — The table of the net worth of a farm or business for purposes of making determinations of assets as defined under [section 1087vv(f) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087vv/f&num=0&edition=prelim) is the following: Farm/Business Net Worth Adjustment If the net worth of a farm or business is—Then the adjusted net worth is— Less than $1$0 $1 to $140,00040% of net worth of farm/business $140,001 to $415,000$56,000 + 50% of net worth over $140,000 $415,001 to $695,000$193,500 + 60% of net worth over $415,000 $695,001 or more$361,500 + 100% of net worth over $695,000.
(2) **Revised tables** — For award year 2023–2024 and each subsequent award year, the Secretary shall publish in the Federal Register a revised table of the adjusted net worth of a farm or business for purposes of [section 1087vv(f) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087vv/f&num=0&edition=prelim). Such revised table shall be developed—
(A) by increasing each dollar amount that refers to net worth of a farm or business by a percentage equal to the percentage increase in the Consumer Price Index between April 2020 and the April in the year prior to the beginning of such award year, and rounding the result to the nearest $5,000; and
(B) by adjusting the dollar amounts in the column referring to the adjusted net worth to reflect the changes made pursuant to subparagraph (A).
**(d) Asset protection allowance** For award year 2023–2024 and each subsequent award year, the Secretary shall publish in the Federal Register a revised table of allowances for the purpose of sections 1087oo(d)(2), 1087pp(c)(2), and 1087qq(c)(2) of this title. Such revised table shall be developed by determining the present value cost, rounded to the nearest $100, of an annuity that would provide, for each age cohort of 40 and above, a supplemental income at age 65 (adjusted for inflation) equal to the difference between the moderate family income (as most recently determined by the Bureau of Labor Statistics), and the current average social security retirement benefits. For each age cohort below 40, the allowance shall be computed by decreasing the allowance for age 40, as updated, by one-fifteenth for each year of age below age 40 and rounding the result to the nearest $100. In making such determinations—
(1) the tables of allowances specified in sections 1087oo(d)(2), 1087pp(c)(2), and 1087qq(c)(2) of this title shall be considered to be for award year 2021–2022 for the purposes of calculating inflation;
(2) inflation shall be presumed to be 6 percent per year;
(3) the rate of return of an annuity shall be presumed to be 8 percent; and
(4) the sales commission on an annuity shall be presumed to be 6 percent.
**(e) Assessment schedules and rates** For award year 2023–2024 and each subsequent award year, the Secretary shall publish in the Federal Register a revised table of assessments from adjusted available income for the purpose of sections 1087oo(e) and 1087qq(d) of this title. Such revised table shall be developed—
(1) by increasing each dollar amount that refers to adjusted available income by a percentage equal to the percentage increase in the Consumer Price Index between April 2020 and the April in the year prior to the beginning of such academic year, rounded to the nearest $100; and
(2) by adjusting the other dollar amounts to reflect the changes made pursuant to paragraph (1).
**(f) Consumer price index defined** In this section, the term “Consumer Price Index” means the Consumer Price Index for All Urban Consumers published by the Department of Labor. Each annual update of tables to reflect changes in the Consumer Price Index shall be corrected for misestimation of actual changes in such Index in previous years.
**(g) Employment expense allowance** For award year 2023–2024 and each succeeding award year, the Secretary shall publish in the Federal Register a revised table of employment expense allowances for the purpose of sections 1087oo(c)(4), 1087pp(b)(3), and 1087qq(b)(4) of this title. Such revised table shall be developed by increasing the dollar amount specified in sections 1087oo(c)(4), 1087pp(b)(3), and 1087qq(b)(4) of this title by a percentage equal to the percentage increase in the Consumer Price Index, as defined in subsection (f), between April 2020 and the April in the year prior to the beginning of the award year and rounding the result to the nearest $10.
**(h) Clarification for award year 2023–2024** For award year 2023–2024, the Secretary shall determine adjusted amounts and prescribe revised tables with respect to the income protection, employment expense, and asset protection allowances and the assessment schedules under sections 1087oo, 1087pp, and 1087qq of this title, pursuant to this section. The amounts and tables specified in sections 1087oo, 1087pp, and 1087qq of this title with respect to such allowances and schedules shall only be used by the Secretary as a baseline for adjustments and table revisions prescribed in accordance with this section.
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Federal law — U.S. Code and appendices · legal_authorities
Except as otherwise provided therein, for award year 2024–2025 and each subsequent award year, the amount of need of any student for financial assistance under this subchapter (except subpart 1 or 2 of part A) is equal to—
(1) the cost of attendance of such student, minus
(2) the student aid index (as defined in [section 1087mm of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087mm&num=0&edition=prelim)) for such student, minus
(3) other financial assistance not received under this subchapter (as defined in [section 1087vv(i) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087vv/i&num=0&edition=prelim)).
Source: Supplied U.S. Code snapshot — release unconfirmed · 20 U.S.C. § 1087kk
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Institution of higher education** For purposes of this chapter, other than subchapter IV, the term “institution of higher education” means an educational institution in any State that—
(1) admits as regular students only persons having a certificate of graduation from a school providing secondary education, or the recognized equivalent of such a certificate, or persons who meet the requirements of [section 1091(d) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1091/d&num=0&edition=prelim);
(2) is legally authorized within such State to provide a program of education beyond secondary education;
(3) provides an educational program for which the institution awards a bachelor’s degree or provides not less than a 2-year program that is acceptable for full credit toward such a degree, or awards a degree that is acceptable for admission to a graduate or professional degree program, subject to review and approval by the Secretary;
(4) is a public or other nonprofit institution; and
(5) is accredited by a nationally recognized accrediting agency or association, or if not so accredited, is an institution that has been granted preaccreditation status by such an agency or association that has been recognized by the Secretary for the granting of preaccreditation status, and the Secretary has determined that there is satisfactory assurance that the institution will meet the accreditation standards of such an agency or association within a reasonable time.
**(b) Additional institutions included** For purposes of this chapter, other than subchapter IV, the term “institution of higher education” also includes—
(1) any school that provides not less than a 1-year program of training to prepare students for gainful employment in a re
Source: Supplied U.S. Code snapshot — release unconfirmed · 20 U.S.C. § 1001
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Definition of institution of higher education for purposes of student assistance programs**
(1) **Inclusion of additional institutions** — Subject to paragraphs (2) through (4) of this subsection, the term “institution of higher education” for purposes of subchapter IV includes, in addition to the institutions covered by the definition in [section 1001 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1001&num=0&edition=prelim)—
(A) a proprietary institution of higher education (as defined in subsection (b) of this section);
(B) a postsecondary vocational institution (as defined in subsection (c) of this section); and
(C) only for the purposes of part D of subchapter IV, an institution outside the United States that is comparable to an institution of higher education as defined in [section 1001 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1001&num=0&edition=prelim) and that has been approved by the Secretary for the purpose of part D of subchapter IV, consistent with the requirements of [section 1087b(d) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087b/d&num=0&edition=prelim).
(2) **Institutions outside the United States**
(A) *In general* — For the purpose of qualifying as an institution under paragraph (1)(C), the Secretary shall establish criteria by regulation for the approval of institutions outside the United States and for the determination that such institutions are comparable to an institution of higher education as defined in [section 1001 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1001&num=0&edition=prelim) (except that a graduate medical school, nursing schoo
Source: Supplied U.S. Code snapshot — release unconfirmed · 20 U.S.C. § 1002
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Authorizations**
(1) **Part A**
(A) There are authorized to be appropriated to carry out part A (other than sections 1059c through 1059g of this title), $135,000,000 for fiscal year 2009, and such sums as may be necessary for each of the five succeeding fiscal years.
(B) There are authorized to be appropriated to carry out [section 1059c of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1059c&num=0&edition=prelim), $30,000,000 for fiscal year 2009, and such sums as may be necessary for each of the five succeeding fiscal years.
(C) There are authorized to be appropriated to carry out [section 1059d of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1059d&num=0&edition=prelim), $15,000,000 for fiscal year 2009, and such sums as may be necessary for each of the five succeeding fiscal years.
(D) There are authorized to be appropriated to carry out [section 1059e of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1059e&num=0&edition=prelim), $75,000,000 for fiscal year 2009 and each of the five succeeding fiscal years.
(E) There are authorized to be appropriated to carry out [section 1059f of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1059f&num=0&edition=prelim), $25,000,000 for fiscal year 2009, and such sums as may be necessary for each of the five succeeding fiscal years.
(F) There are authorized to be appropriated to carry out [section 1059g of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1059g&num=0&edition=prelim), $30,000,000 for fiscal year 2009, and such sums as may be necessary for each of the five succeeding fiscal years.
(2) **Part
Source: Supplied U.S. Code snapshot — release unconfirmed · 20 U.S.C. § 1051
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Computation of student aid index**
(1) **In general** — Except as provided in paragraph (2), for each dependent student, the student aid index is equal to the sum of—
(A) the assessment of the parents’ adjusted available income (determined in accordance with subsection (b));
(B) the assessment of the student’s available income (determined in accordance with subsection (g)); and
(C) the student’s available assets (determined in accordance with subsection (h)).
(2) **Exception** — If the sum determined under paragraph (1) with respect to a dependent student is less than − $1,500, the student aid index for the dependent student shall be − $1,500.
**(b) Assessment of parents’ adjusted available income** The assessment of parents’ adjusted available income is equal to the amount determined by—
(1) computing adjusted available income by adding—
(A) the parents’ available income (determined in accordance with subsection (c)); and
(B) the parents’ available assets (determined in accordance with subsection (d));
(2) assessing such adjusted available income in accordance with the assessment schedule set forth in subsection (e); and
(3) considering such assessment resulting under paragraph (2) as the amount determined under this subsection.
**(c) Parents’ available income**
(1) **In general** — The parents’ available income is determined by subtracting from total income (as defined in [section 1087vv of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087vv&num=0&edition=prelim))—
(A) Federal income taxes;
(B) an allowance for payroll taxes, determined in accordance with paragraph (2);
(C) an income protection allowance, determined in accordance with paragraph (3); and
(D) an employment expense allowa
Source: Supplied U.S. Code snapshot — release unconfirmed · 20 U.S.C. § 1087oo
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Computation of student aid index**
(1) **In general** — For each independent student without dependents other than a spouse, the student aid index is equal to (except as provided in paragraph (2)) the sum of—
(A) the family’s available income (determined in accordance with subsection (b)); and
(B) the family’s available assets (determined in accordance with subsection (c)).
(2) **Exception** — If the sum determined under paragraph (1) with respect to an independent student without dependents other than a spouse is less than − $1,500, the student aid index for the independent student shall be − $1,500.
**(b) Family’s available income**
(1) **In general** — The family’s available income is determined by—
(A) deducting from total income (as defined in [section 1087vv of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087vv&num=0&edition=prelim))—
(i) Federal income taxes;
(ii) an allowance for payroll taxes, determined in accordance with paragraph (2);
(iii) an income protection allowance that is equal to—
(I) in the case of a single independent student without dependents, $14,630, as adjusted pursuant to [section 1078rr(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1078rr/b&num=0&edition=prelim); and
(II) in the case of a married independent student without dependents, $23,460, as adjusted pursuant to [section 1078rr(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1078rr/b&num=0&edition=prelim); and
(iv) in the case of a married independent student, an employment expense allowance, as determined in accordance with paragraph (3); and
(B) multiplying the amount determined under subparag
Source: Supplied U.S. Code snapshot — release unconfirmed · 20 U.S.C. § 1087pp
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Computation of student aid index**
(1) **In general** — For each independent student with dependents other than a spouse, the student aid index is equal to the amount determined by—
(A) computing adjusted available income by adding—
(i) the family’s available income (determined in accordance with subsection (b)); and
(ii) the family’s available assets (determined in accordance with subsection (c));
(B) assessing such adjusted available income in accordance with an assessment schedule set forth in subsection (d); and
(C) considering such assessment resulting under subparagraph (B) as the amount determined under this subsection.
(2) **Exception** — If the sum determined under paragraph (1) with respect to an independent student with dependents other than a spouse is less than − $1,500, the student aid index for the independent student shall be − $1,500.
**(b) Family’s available income**
(1) **In general** — The family’s available income is determined by deducting from total income (as defined in [section 1087vv of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087vv&num=0&edition=prelim))—
(A) Federal income taxes;
(B) an allowance for payroll taxes, determined in accordance with paragraph (2);
(C) an income protection allowance, determined in accordance with paragraph (3); and
(D) an employment expense allowance, determined in accordance with paragraph (4).
(2) **Allowance for payroll taxes** — The allowance for payroll taxes is equal to the sum of—
(A) the total amount earned by the student (and spouse, if appropriate), multiplied by the rate of tax under [section 3101(b) of title 26](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section3101/b&num=0&edition=prel
Source: Supplied U.S. Code snapshot — release unconfirmed · 20 U.S.C. § 1087qq
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Secretary required to comply with schedule** To assure adequate notification and timely delivery of student aid funds under this subchapter, the Secretary shall adhere to the following calendar dates in the year preceding the award year:
(1) Development and distribution of Federal and multiple data entry forms—
(A) by February 1: first meeting of the technical committee on forms design of the Department;
(B) by March 1: proposed modifications, updates, and notices pursuant to sections 1087rr and 1090(a)(5) 11 See References in Text note below. of this title published in the Federal Register;
(C) by June 1: final modifications, updates, and notices pursuant to sections 1087rr and 1090(a)(5) 1 of this title published in the Federal Register;
(D) by August 15: application for Federal student assistance and multiple data entry data elements and instructions approved;
(E) by August 30: final approved forms delivered to servicers and printers;
(F) by October 1: Federal and multiple data entry forms and instructions printed; and
(G) by November 1: Federal and multiple data entry forms, instructions, and training materials distributed.
(2) Allocations of campus-based and Pell Grant funds—
(A) by August 1: distribution of institutional application for campus-based funds (FISAP) to institutions;
(B) by October 1: final date for submission of FISAP by institutions to the Department;
(C) by November 15: edited FISAP and computer printout received by institutions;
(D) by December 1: appeals procedures received by institutions;
(E) by December 15: edits returned by institutions to the Department;
(F) by February 1: tentative award levels received by institutions and final Pell Grant payment schedule;
(G) by February 15: closing date f
Source: Supplied U.S. Code snapshot — release unconfirmed · 20 U.S.C. § 1089
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Federal law — U.S. Code and appendices · legal_authorities
Page 615
TITLE 20—EDUCATION
§ 1087rr
Subsec. (c)(4)(B). Pub. L. 100–50, § 14(5), substituted
‘‘$15,999’’ for ‘‘$15,000’’.
Subsec. (c)(4)(C). Pub. L. 100–50, § 14(6), substituted
‘‘$16,000’’ for ‘‘$15,000’’ in three places.
Subsec. (d). Pub. L. 100–50, § 14(1), (8), substituted
‘‘section 1087rr of this title’’ for ‘‘section 1087ss of this
title’’ in text and inserted a minus sign before ‘‘$3,409’’
in two places in table.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE OF 2020 AMENDMENT
Amendment by Pub. L. 116–260 effective July 1, 2024,
except as otherwise expressly provided, and applicable
with respect to award year 2024–2025 and each subse-
quent award year, as determined under this chapter,
see section 701(b) of Pub. L. 116–260, set out as a note
under section 1001 of this title.
EFFECTIVE DATE OF 2009 AMENDMENT
Amendment by Pub. L. 111–39 effective as if enacted
on the date of enactment of Pub. L. 110–315 (Aug. 14,
2008), see section 3 of Pub. L. 111–39, set out as a note
under section 1001 of this title.
EFFECTIVE DATE OF 2007 AMENDMENT
Amendment by Pub. L. 110–84 effective July 1, 2009,
see section 601(e) of Pub. L. 110–84, set out as a note
under section 1087oo of this title.
EFFECTIVE DATE OF 2006 AMENDMENT
Amendment by Pub. L. 109–171 effective July 1, 2006,
except as otherwise provided, see section 8001(c) of Pub.
L. 109–171, set out as a note under section 1002 of this
title.
Pub. L. 109–171, title VIII, § 8017(c)(2), Feb. 8, 2006, 120
Stat. 173, provided that: ‘‘The amendment made by
paragraph (1) [amending this section] shall apply with
respect to determinations of need for periods of enroll-
ment beginning on or after July 1, 2007.’’
EFFECTIVE DATE OF 1998 AMENDMENT
Amendment by Pub. L. 105–244, effective Oct. 7, 19
Source: Supplied 2024 U.S. Code historical extraction · 20 U.S.C. § 1087rr
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