Page:United States Statutes at Large Volume 100 Part 2.djvu/370

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PUBLIC LAW 99-000—MMMM. DD, 1986

100 STAT. 1472 .^vk.cf •'

PUBLIC LAW 99-498-OCT. 17, 1986

"(f) DEFINITION OF CONSUMER PRICE INDEX.—As used in this section, the term 'Consumer Price Index' means the Consumer Price Index for Wage Earners and Clerical Workers published by the Department of Labor, Each annual update of tables to reflect changes in the Consumer Price Index shall be corrected for misestimation of actual changes in such Index in previous years. "SIMPLIFIED NEEDS TEST

20 USC 1087SS.

479. (a) APPLICABLE TO ALL TITLE IV PROGRAMS.—The Secretary shall use a simplified needs analysis for any provision of this title based upon the elements set forth in paragraph (2) for the calculation of the expected family contribution for families which have adjusted gross incomes which are equal to or less than $15,000 per year and which file a form 1040A pursuant to the Internal 26 USC 1 et seq. Revenue Code of 1954. "(b) ELEMENTS IN TESTS.—The five elements to be used for the i simplified needs analysis are— "(1) adjusted gross income, "(2) Federal and State taxes paid, "(3) untaxed income and benefits, "(4) the number of family members, and "(5) the number of family members in postsecondary education. "SEC.

"DISCRETION OF STUDENT FINANCIAL AID ADMINISTRATORS

20 USC I087tt.

"SEC. 479A. Nothing in this part shall be interpreted as limiting the ability of the student financial aid administrator, on the basis of adequate documentation, to make necessary adjustments to the cost of attendance and expected family contribution computations to allow for treatment of individual students with special circumstances. In addition, nothing in this part shall be interpreted as limiting the ability of the student financial aid administrator to use supplementary information about the financial status of eligible applicants in selecting recipients and determining the amount of awards under subparts 1 and 2 of part A and parte B, C, and E of this title. STUDENT ASSISTANCE AND OTHER FEDERAL PROGRAMS

20 USC 1087UU.

"SEC. 479B. No portion of any student financial assistance received by an individual from any program funded in whole or in part under title IV of this Act which is used by that individual for costs described in section 472(1) and (2) of this title, shall be considered as income or resources in determining eligibility for assistance under any other program funded in whole or in part with Federal funds. "DEFINITIONS

20 USC lOSTw.

Regulations.

"SEC. 480. As used in this part: "(a) TOTAL INCOME.—(1) Except as provided in paragraphs (2) and (3), the term 'total income' is equal to adjusted gross income plus untaxed income and benefite for the preceding tax year. "(2) The Secretary shall promulgate special regulations to permit, in the computation of family contributions for the programs under subpart 2 of part A and parte B, C, and E of this title for any academic year the exclusion from family income of any proceeds of a