Family Educational Opportunity Act of 1989 - Amends the Higher Education Act of 1965 to remove from the computation of expected family contribution in the determination of need for assistance under the title IV (Student Assistance) Pell Grant program and other title IV student assistance programs the following assets: (1) the family's principal place of residence; (2) a family farm on which the family resides; or (3) a small business substantially owned and managed by a member or members of the family.
Introduced in House
Introduced in House
Referred to the House Committee on Education and Labor.
Referred to the Subcommittee on Postsecondary Education.
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