Student Aid And Fiscal Responsibility Act
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The Student Aid and Fiscal Responsibility Act of 2009 (SAFRA; ) is a bill introduced in the U.S. House of Representatives of the
111th United States Congress The 111th United States Congress was a meeting of the legislative branch of the United States federal government from January 3, 2009, until January 3, 2011. It began during the last weeks of the George W. Bush administration, with t ...
by Congressman George Miller that would expand federal Pell Grants to a maximum of $5,500 in 2010 and tie increases in Pell Grant maximum values to annual increases in the
Consumer Price Index A consumer price index (CPI) is a statistical estimate of the level of prices of goods and services bought for consumption purposes by households. It is calculated as the weighted average price of a market basket of Goods, consumer goods and ...
plus 1%. It would also end the practice of federally subsidized private loans, using all federal student loan funding for Direct Loans and potentially cutting the federal deficit by $87 billion over 10 years. On September 17, 2009, the House approved the bill by a 253-171 margin. On March 18, 2010, the text of this act was included as a rider on the
Health Care and Education Reconciliation Act of 2010 Health has a variety of definitions, which have been used for different purposes over time. In general, it refers to physical and emotional well-being, especially that associated with normal functioning of the human body, absent of disease, pai ...
, signed into law on March 30, 2010, by President Obama as an amendment to the
Patient Protection and Affordable Care Act A patient is any recipient of health care services that are performed by healthcare professionals. The patient is most often ill or injured and in need of treatment by a physician, nurse, optometrist, dentist, veterinarian, or other health ...
.


References

{{DEFAULTSORT:Student Aid And Fiscal Responsibility Act Acts of the 111th United States Congress Education finance in the United States