| Student Aid and Fiscal Responsibility Act | |
| Fullname: | Section 2, Division III of Health Care and Education Reconciliation Act. |
| Acronym: | SAFRA |
| Enacted By: | 111th |
| Acts Amended: | Patient Protection and Affordable Care Act |
| Leghisturl: | https://www.congress.gov/bill/111th-congress/house-bill/3221?q=%7B%22search%22%3A%5B%22H.R.+3221%22%5D%7D&r=1 |
| Introducedin: | House |
| Introducedby: | George Miller (D–CA) |
| Passedbody1: | House |
| Passeddate1: | September 17, 2009 |
| Passedvote1: | 253-171 |
| Signedpresident: | Barack Obama |
| Signeddate: | March 30, 2010 |
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 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 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.[1]
On March 18, 2010, the text of this act was included as a rider on the Health Care and Education Reconciliation Act of 2010, signed into law on March 30, 2010, by President Obama[2] as an amendment to the Patient Protection and Affordable Care Act.