Better Financial Aid for Working Students Act of 1997
Read twice and referred to the Committee on Labor and Human Resources.
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · Mar 12, 1997
Better Financial Aid for Working Students Act of 1997 - Amends the Higher Education Act of 1965 with respect to the student contribution from available income component of the student aid needs analysis formula. Revises the adjustment to student income (which is subtracted from the student contribution) to: (1) increase the income protection allowance from $1,750 to $3,500; and (2) reduce assessment of the student's available income from 50 percent to 35 percent for the first $1,500 of such income.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 21, 2025. Consult Congress.gov for the current record.
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