PUBLIC LAW 109–171—FEB. 8, 2006
120 STAT. 173
‘‘(C) room and board costs (determined in accordance with paragraph (3)), except that a student may receive an allowance for such costs under this subparagraph for not more than 3 semesters or the equivalent, of which not more than 2 semesters or the equivalent may be consecutive;’’; (2) in paragraph (11), by striking ‘‘and’’ after the semicolon; (3) in paragraph (12), by striking the period and inserting ‘‘; and’’; and (4) by adding at the end the following: ‘‘(13) at the option of the institution, for a student in a program requiring professional licensure or certification, the one-time cost of obtaining the first professional credentials (as determined by the institution).’’. SEC. 8017. FAMILY CONTRIBUTION.
(a) FAMILY CONTRIBUTION FOR DEPENDENT STUDENTS.— (1) AMENDMENTS.—Section 475 (20 U.S.C. 1087oo) is amended— (A) in subsection (g)(2)(D), by striking ‘‘$2,200’’ and inserting ‘‘$3,000’’; and (B) in subsection (h), by striking ‘‘35’’ and inserting ‘‘20’’. (2) EFFECTIVE DATE.—The amendments made by paragraph (1) shall apply with respect to determinations of need for periods of enrollment beginning on or after July 1, 2007. (b) FAMILY CONTRIBUTION FOR INDEPENDENT STUDENTS WITHOUT DEPENDENTS OTHER THAN A SPOUSE.— (1) AMENDMENTS.—Section 476 (20 U.S.C. 1087pp) is amended— (A) in subsection (b)(1)(A)(iv)— (i) in subclause (I), by striking ‘‘$5,000’’ and inserting ‘‘$6,050’’; (ii) in subclause (II), by striking ‘‘$5,000’’ and inserting ‘‘$6,050’’; and (iii) in subclause (III), by striking ‘‘$8,000’’ and inserting ‘‘$9,700’’; and (B) in subsection (c)(4), by striking ‘‘35’’ and inserting ‘‘20’’. (2) EFFECTIVE DATE.—The amendments made by paragraph (1) shall apply with respect to determinations of need for periods of enrollment beginning on or after July 1, 2007. (c) FAMILY CONTRIBUTION FOR INDEPENDENT STUDENTS WITH DEPENDENTS OTHER THAN A SPOUSE.— (1) AMENDMENT.—Section 477(c)(4) (20 U.S.C. 1087qq(c)(4)) is amended by striking ‘‘12’’ and inserting ‘‘7’’. (2) EFFECTIVE DATE.—The amendment made by paragraph (1) shall apply with respect to determinations of need for periods of enrollment beginning on or after July 1, 2007. (d) REGULATIONS; UPDATED TABLES.—Section 478(b) (20 U.S.C. 1087rr(b)) is amended— (1) in paragraph (1), by adding at the end the following: ‘‘For the 2007–2008 academic year, the Secretary shall revise the tables in accordance with this paragraph, except that the Secretary shall increase the amounts contained in the table in section 477(b)(4) by a percentage equal to the greater of the estimated percentage increase in the Consumer Price Index
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