To permit Pell Grant recipients to receive grants to cover more than one full-time academic year of study during a 12-month award year period and to extend the period of eligibility for Pell Grants by one academic year.

[AI summary unavailable — showing source text] Amends the Higher Education Act of 1965 to revise the Pell Grant program to: (1) permit recipients to receive increased award amounts to cover more than one full-time academic year of study during a 12-month award year period; and (2) extend the period of eligibility by one academic year.…