To amend the Higher Education Act of 1965 to require students who do not complete a program of study to repay Federal Pell Grants.

Pell for Performance Act This bill amends the Higher Education Act of 1965 to modify the Federal Pell Grant program. Specifically, if a Pell Grant recipient fails to complete an education program within the maximum timeframe for completion, then the Pell Grants received for such program convert to a Federal Direct Unsubsidized Stafford Loan and are subject to repayment, in accordance with applicable terms and conditions.