PUBLIC LAW 99-498—OCT. 17, 1986
100 STAT. 1461
"(e) ASSESSMENT SCHEDULE.—The adjusted available income (as
determined under subsection (b)(1) and hereafter in this subsection referred to as 'AAD is assessed according to the following table (or a successor table prescribed by the Secretary under section 479): "Parents' Assessment From Adjusted Available Income (AAI) If AAI is— Less than $3,409 $3,409 to $7,500 $7,501 to $9,400 $9,401 to $11,300 $11,301 to $13,200 $13,201 to $15,100 $15,101 or more
Then the assessment is— -$750 22% of AAI $1,650 + 25% of AAI over $2,125 + 29% of AAI over $2,676 + 34% of AAI over $3,322 + 40% of AAI over $4,082 + 47% of AAI over
$7,500 $9,400 $11,300 $13,200 $15,100
"(f) COMPUTATIONS IN CASE OF SEPARATION, DIVORCE, REMARRIAGE, O DEATH.— R "(1) DIVORCED OR SEPARATED PARENTS.—Income for a student
whose parents are divorced or separated is determined under the following procedures: "(A) Include only the income of the parent with whom the student resided for the greater portion of the 12-month period preceding the date of the application. "(B) If the preceding criterion does not apply, include only the income of the parent who provided the greater portion of the student's support for the 12-month period preceding the date of application. "(C) If neither of the preceding criteria apply, include only the income of the parent who provided the greater support during the most recent calendar year for which parental support was provided. "(2) DEATH OF A PARENT.—Income in the case of the death of any parent is determined as follows: "(A) If either of the parents have died, the student shall include only the income of the surviving parent. "(B) If both parents have died, the student shall not report any parental income. "(3) REMARRIED PARENTS.—Income in the case of a parent whose income is taken into account under paragraph (1) of this subsection, or a parent who is a widow or widower and whose income is taken into account under paragraph (2) of this subsection, has remarried, is determined as follows: The income of that parent's spouse shall be included in determining the student's annual adjusted family income if— "(A) the student's parent and the stepparent are married as of the date of application for the award year concerned; and "(B) the student is not an independent student. "(g) STUDENT CONTRIBUTION FROM AVAILABLE INCOME.—
"(1) IN GENERAL.—The student (and spouse) contribution from available income is equal to the greater of— "(A) a mandatory self-help amount of $700 for a first-year undergraduate student; "(B) a mandatory self-help amount of $900 for any other student; or
- ^'
�
