Doubling Federal Pell Grants and providing all Federal Pell Grants through mandatory funding

(a) Amount of minimum Federal Pell Grants Section 401 (20 U.S.C. 1070a) is amended— (1) in subsection (a)(2)(F), by striking 10 percent and inserting 5 percent; (2) in subsection (b)— (A) in paragraph (1)(B)(i), by striking paragraph (5)(A) and inserting paragraph (5); (B) by striking paragraph (5) and inserting the following: (5) Total maximum Federal Pell Grant (A) Award year 2026–2027 For award year 2026–2027, the total maximum Federal Pell Grant award shall be $10,000. (B) Award year 2027–2028 For award year 2027–2028, the total maximum Federal Pell Grant award shall be $11,000. (C) Award year 2028–2029 For award year 2028–2029, the total maximum Federal Pell Grant award shall be $12,000. (D) Award year 2029–2030 For award year 2029–2030, the total maximum Federal Pell Grant award shall be $13,000. (E) Award year 2030–2031 For award year 2030–2031, the total maximum Federal Pell Grant award shall be $14,000. (F) Award year 2031–2032 and subsequent years For award year 2031–2032, and each subsequent award year, the total maximum Federal Pell Grant award shall be $15,000— (i) increased by the adjustment percentage for the award year for which the amount under this subparagraph is being determined; and (ii) rounded to the nearest $50. (G) Definition of adjustment percentage In this paragraph, the term adjustment percentage, as applied to an award year, is equal to the percentage increase in the Consumer Price Index, as defined in section 478(f), for the most recent calendar year ending prior to the beginning of the award year.; (C) by striking paragraphs (6) and (7) and inserting the following: (6) Appropriation of funds There are authorized to be appropriated, and there are appropriated, out of any money in the Treasury not otherwise appropriated, such sums as may be necessary for fiscal year 2026 and each subsequent fiscal year to provide the Federal Pell Grant for which a student shall be eligible under this section during an award year.; and (D) by redesignating paragraphs (8) and (9) as paragraphs (7) and (8), respectively; (3) in subsection (d)(5)(B)— (A) in clause (i), by striking subclause (I) or (II) and inserting subclause (I), (II), or (III); and (B) in clause (ii)— (i) in subclause (I)(bb), by striking or after the semicolon; (ii) in subclause (II)(bb)(CC), by striking the period and inserting; or; and (iii) by adding at the end the following: (III) during a period for which the student did not receive a loan under this title but for which, if the student had received such a loan, such loan would have been discharged under the circumstances described in subclause (II)(bb)(CC).; (4) by striking subsections (g) and (h); and (5) by redesignating subsections (i) and (j) as subsections (g) and (h), respectively. (b) Repeal of scoring requirement Section 406 of H. Con. Res. 95 (109th Congress) is amended— (1) by striking subsection (b); and (2) by striking (a) In general.—Upon and inserting the following: Upon. (c) Student support services Section 402D(d)(1) (20 U.S.C. 1070a–14(d)(1)) is amended by striking the minimum and inserting 10 percent of the total maximum. (d) Scholarship component Section 404E(d) (20 U.S.C. 1070a–25(d)) is amended by striking less than the minimum and inserting less than 10 percent of the total maximum.