; reduced by (bb) $5,135 or the maximum Federal Pell Grant for which a student was eligible for the preceding award year, as specified in the last enacted appropriation Act applicable to that year, whichever is greater; and (cc) rounded to the nearest $5. ; (3) in subsection (f)— (A) in paragraph (1), by striking the matter preceding subparagraph (A) and inserting the following: After receiving an application for a Federal Pell Grant under this subpart, the Secretary (including any contractor of the Secretary processing applications for Federal Pell Grants under this subpart) shall, in a timely manner, furnish to the student financial aid administrator at each institution of higher education that a student awarded a Federal Pell Grant under this subpart is attending, the expected family contribution for each such student. Each such student financial administrator shall— ; and (B) in paragraph (3), by striking after academic year 1986–1987 ; and (4) in subsection (j)— (A) in paragraph (1) by inserting before the period the following: , or if such institution of higher education is subject to an ineligibility determination under section 435(a)(9) or 493I(b) ; and (B) in paragraph (2) by inserting , final adjusted cohort default rate, or on-time repayment rate before determination . 4012. Grant eligibility Section 401(c) of the Higher Education Act of 1965 ( 20 U.S.C. 1070a(c) ) is amended— (1) by amending paragraph (1) to read as follows: (1) Period of eligibility for grants The period during which a student may receive Federal Pell Grants shall be the period required for the completion of the first undergraduate baccalaureate course of study being pursued by that student at the institution at which the student is in attendance except that— (A) any period during which the student is enrolled in a noncredit or remedial course of study as defined in paragraph (2) shall not be counted for the purpose of this paragraph