1. Short title This Act may be cited as the Earl N. Williams, Sr., First Chance Act . 2. Supplemental living assistance in the student support services program Section 402D of the Higher Education Act of 1965 ( 20 U.S.C. 1070a–14 ) is amended— (1) in subsection (b)— (A) in paragraph (5), by striking and at the end; (B) in paragraph (6), by striking the period at the end and inserting ; and ; and (C) by adding at the end the following: (7) basic and emergency supplemental living assistance grants in accordance with subsection (f). ; and (2) by adding at the end the following: (f) Basic and emergency supplemental living assistance grants (1) In general In carrying out the activities required under subsection (b)(7) with a grant received under this section, the recipient of such grant shall provide basic and emergency supplemental living assistance grants to assist students who are current participants in the student support services program offered by the institution (in this subsection referred to as eligible students )— (A) in the case of a basic supplemental living assistance grant, in covering reasonable, anticipated expenses necessary for the completion of an academic year of the students’ first undergraduate baccalaureate course of study; and (B) in the case of an emergency supplemental living assistance grant, in covering reasonable, unanticipated expenses necessary for the students to persist in college during such academic year. (2) Amount of grants The recipient may determine— (A) the appropriate division of the funds between basic and emergency supplemental assistance grants, except that funds shall be provided for both basic and emergency grants; (B) the amount of each such grant and the total grant funds that an eligible student may receive, except that a student may not receive more than a total of $500 in emergency supplemental assistance grants per academic year