Page:United States Statutes at Large Volume 107 Part 3.djvu/535

This page needs to be proofread.

PUBLIC LAW 103-208—DEC. 20, 1993 107 STAT. 2473 (A) by amending subparagraph (A) of paragraph (1) to read as follows: "(A) the student's parents were not required to file an income tax return under section 6012(a)(l) of the Internal Revenue Code of 1986; and"; (B) by amending subparagraph (A) of paragraph (2) to read as follows: "(A) the student (and the student's spouse, if any) was not required to file an income tax return under section 6012(a)(l) of the Internal Revenue Code of 1986; and"; and (C) in subparagraph (B) of paragraphs (1) and (2), by inserting "in 1992 or the current year, whichever is higher," after "that may be earned"; and (16) in section 479A, by adding at the end the following 20 USC I087tt. new subsection: " (c) ADJUSTMENTS FOR SPECIAL CIRCUMSTANCES.— "(1) IN GENERAL.— A student financial aid administrator shall be considered to be making an adjustment for special circumstances in accordance with subsection (a) if— "(A) in the case of a dependent student— "(i) such student received a Federal Pell Grant as a dependent student in academic year 1992-1993 and the amount of such student's Federal Pell Grant for academic year 1993-1994 is at least $500 less than the amount of such student's Federal Pell Grant for academic year 1992-1993; and "(ii) the decrease described in clause (i) is the direct result of a change in the determination of such student's need for assistance in accordance with this part that is attributable to the enactment of the Higher Education Amendments of 1992; and "(B) in the case of a single independent student— "(i) such student received a Federal Pell Grant as a single independent student in academic year 1992-1993 and qualified as an independent student in accordance with section 480(d) for academic year 1993-1994, and the amount of such student's Federal Pell Grant for academic year 1993-1994 is at least $500 less than the amount of such student's Federal Pell Grant for academic year 1992-1993; and "(ii) the decrease described in clause (i) is the direct result of a change in the determination of such student's need for assistance in accordance with this part that is attributable to the enactment of the Higher Education Amendments of 1992. "(2) AMOUNT.— ^A financial aid administrator shall not make an adjustment for special circumstances pursuant to this subsection in an amount that exceeds one-half of the difiierence between the amount of a student's Federal Pell Grant for academic year 1992-1993 and the amount of such student's Federal Pell Grant for academic year 1993-1994. " (3) ACADEMIC YEAR LIMITATION. — A financial aid administrator shall make adjustments under this subsection only for Federal Pell Grants awarded for academic years 1993-1994, 1994-1995, and 1995-1996.