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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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86%
VOTING RESULTS
2024-03-01
For 77
Against 13
Abstain 0
Full voting results open_in_new
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Status:
Became Law
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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
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-flash-latest
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Extension of Continuing Appropriations and Other Matters Act, 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_7463.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-02-28.

What are the main provisions?

Key points include:

  • 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.
What is the specific legal status?

The current status is Became Law.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Where is the official voting record?

The official roll call vote is recorded at: voting record

Who is the primary sponsor?

The primary sponsor is Rep. Granger, Kay [R-TX-12].

What is the latest detailed status?

The latest detailed status is: Became Public Law No: 118-40.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-30.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Education Economy