1. Short title This Act may be cited as the Strengthening Financial Aid for Students Act (Strengthening FAFSA) . 2. Increasing support for working students by 35 percent (a) Dependent students Section 475(g)(2)(D) of the Higher Education Act of 1965 ( 20 U.S.C. 1087oo(g)(2)(D) ) is amended to read as follows: (D) an income protection allowance (or a successor amount prescribed by the Secretary under section 478) of $9,230 for award year 2020–2021; . (b) Independent students without dependents other than a spouse Section 476 of such Act ( 20 U.S.C. 1087pp ) is amended— (1) in subsection (a)(2), by striking award period and inserting award year ; and (2) by amending subsection (b)(1)(A)(iv) to read as follows: (iv) an income protection allowance (or a successor amount prescribed by the Secretary under section 478)— (I) for single or separated students, or married students where both are enrolled pursuant to subsection (a)(2), of $14,360 for award year 2020–2021; and (II) for married students where one is enrolled pursuant to subsection (a)(2), of $23,030 for award year 2020–2021; . (c) Independent students with dependents other than a spouse Section 477 of such Act ( 20 U.S.C. 1087qq ) is amended— (1) in subsection (a)(3), by striking award period and inserting award year