; and (ii) any period of study covered by an additional Federal Pell Grant awarded under subparagraph (A) shall not be included in determining a student’s duration limit under subsection (d)(5). . 302. Use of funds from the repayment of Federal student loans Part G of title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1088 et seq. ) is amended by adding at the end the following: 494A. Use of funds from the repayment of Federal student loans (a) In general The Secretary of Education shall, without further appropriation, deposit all amounts repaid on loans made, insured, or guaranteed under this title into the Education Affordability Trust Fund established under section 494B (referred to in this section as the Trust Fund ). (b) Use of Trust Fund assets (1) In general The Trust Fund Board shall transfer the profits from the investments of the Trust Fund to the Secretary of Education, to pay for the administrative costs of the Department of Education in making loans under part D, including loans under section 460A(b), to all eligible students (and the eligible parents of such students) in attendance at participating institutions of higher education selected by the Secretary, to enable such students to pursue their courses of study at such institutions, in the following amounts: (A) During any period of time when the Trust Fund has assets under management of $500,000,000 or more over a 180 day period, 100 percent of such profits. (B) During any period of time when the Trust Fund has profits of less than $500,000,000, but more than or equal to $400,000,000 over a 180 day period, 40 percent of such profits. (C) During any period of time when the Trust Fund has profits of less than $400,000,000 but more than or equal to $300,000,000 over a 180 day period, 10 percent of such profits. (D) During any period of time when the Trust Fund has profits of less than $300,000,000 over a 180 day period, 0 percent of such profits. (2) Profits defined In this subsection, the term profits means the amount that the return on