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Student Financial Aid: New Grants for Basic and Emergency Needs

This act introduces new financial grants for students participating in support programs, helping them cover daily expenses and unforeseen costs. The aim is to make it easier for students to complete their studies, especially those facing financial difficulties. Students can receive up to $500 annually for emergency expenses.
Key points
Students can receive grants to cover anticipated living expenses (e.g., housing, transportation) and unforeseen emergency costs.
The maximum emergency grant amount is $500 per academic year, intended to help students persist in college.
Grants received will not affect a student's eligibility for other financial aid programs, which is beneficial for their overall financial situation.
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Additional Information
Print number: 117_HR_9653
Sponsor: Rep. Davis, Danny K. [D-IL-7]
Process start date: 2022-12-21