Page:United States Statutes at Large Volume 100 Part 2.djvu/363

 PUBLIC LAW 99-498—OCT. 17, 1986

100 STAT. 1465

"Asset Protection Allowances for Students If the age of the student i s 25 or less 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 or more

"^"^ S o ^ c e T - ^ * ' " " $0 1,500 3,000 4,500 6,100 7,600 9,100 10,600 12,100 13,600 15,100 16,600 18,200 19,700 21,200 22,700 23,200 23,800 24,200 24,800 25,400 26,100 26,700 27,200 27,900 28,800 29,500 30,300 31,000 32,000 32,800 33,800 34,600 35,700 36,800 37,900 39,000 40,200 41,400 42,600 44,100

"(4) ASSET CONVERSION RATE.—The asset conversion rate is 35 percent. "FAMILY CONTRIBUTION FOR INDEPENDENT STUDENTS WITH DEPENDENTS "SEC. 477. (a) COMPUTATION OF EXPECTED FAMILY CONTRIBUTION.—

For each independent student with dependents (including a spouse) the expected family contribution is equal to the amount determined by"(1) computing adjusted available income by adding— "(A) the family's available income (determined in accordance with subsection (b)); and "(B) the family's income supplemental amount from assets (determined in accordance with subsection (c)); "(2) assessing such adjusted available income in accordance with an assessment schedule set forth in subsection (d); and

20 USC I087qq.

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