This bill amends the Higher Education Act of 1965 to protect opportunities for families in the federal student aid process by addressing the "sibling penalty." It specifically reinstates a crucial component of the financial aid formula that benefits families with multiple children in college. The legislation modifies the calculation of a family's assessed contribution by requiring it to be divided by the number of family members , excluding parents, who are enrolled at least half-time in a degree or certificate program at an eligible institution. This change effectively restores the multiple-student discount , which was previously eliminated, thereby lowering the Student Aid Index (SAI) for families with more than one child simultaneously pursuing higher education. This provision aims to alleviate financial pressure on these families and will take effect for the 2025-2026 award year and all subsequent award years upon its enactment.