A bill to amend the Food Stamp Act of 1977 for purposes of providing that certain educational loans, grants, scholarships, fellowships, and veterans' educational benefits received by recipients of aid to families with dependent children shall not be included in determining household income for purposes of such Act.

Amends the Food Stamp Act of 1977 to exclude from the calculation of household income for any household in which an individual is receiving aid payments to families with dependent children (under a State plan approved under title IV of the Social Security Act) all educational loans on which payment is deferred, grants, scholarships, fellowships, veterans' educational benefits, and the like received by such individual for purposes of pursuing an education at an institution of higher education or school for the handicapped.