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Government Funding Extension and Major Changes to Student Financial Aid (FAFSA).

This law temporarily extends funding for federal agencies, preventing a government shutdown until specific dates in March 2024. Crucially, it modifies how student income is calculated on the FAFSA form, potentially impacting the amount of financial aid students receive. The act also secures multi-billion dollar appropriations for the Pell Grant program for future fiscal years.
Key points
Federal government operations are funded temporarily until March 8 and March 22, 2024.
The formula for calculating a student's available income for FAFSA is changed, effective starting the 2024–2025 award year.
Billions of dollars are appropriated to ensure continued funding for the Pell Grant program through 2027 and beyond.
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VOTING RESULTS
2024-03-01
86%
For 77
Against 13
Abstain 0
Full voting results open_in_new
Became Law
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_7463
Sponsor: Rep. Granger, Kay [R-TX-12]
Process start date: 2024-02-28
Voting date: 2024-03-01
Meeting no: 2
Voting no: 67