Nontraditional Student Opportunity Act

[AI summary unavailable — showing source text] Nontraditional Student Opportunity Act - Amends the Higher Education Act of 1965 (HEA) to revise student assistance programs with respect to access by nontraditional students. Revises the campus-based programs of supplemental educational opportunity grants (SEOG), college work-study (CWS), and Perkins Loans to require that a reasonable proportion of the higher education institution's SEOG allocation, CWC grant, and Perkings Loans be made to nontraditional students, if the institutions's allocation, grant, or loans under such programs are based directly or indirectly in part on the financial need demonstrated by nontraditional students. Defines nontraditional students, for such purposes, as those who are: (1) attending the institution less than full time; (2) age 24 or older; (3) single parents; or (4) independent students. Provides for access to the Robert T. Stafford Student Loan Program by less-than-half-time students who are enrolled for the equivalent of at least three credit hours. Provides for access to Pell Grants by less-than-half-time students. Revises need analysis requirements for Pell Grants and for student assistance in general to exclude from consideration as assets t…