AMOUNT OF NEED.

SEC. 471. [20 U.S.C. 1087kk] AMOUNT OF NEED. Except as otherwise provided therein, for award year 2024–2025 and each subsequent award year, the amount of need of any student for financial assistance under this title (except subpart 1 or 2 of part A) is equal to— (1) the cost of attendance of such student, minus (2) the student aid index (as defined in section 473) for such student, minus (3) other financial assistance not received under this title (as defined in section 480(i)).