Congressman Salud Carbajal introduced a bill to increase the maximum award amount for Pell Grants to the U.S. House of Representatives on Monday.

As of now, the maximum award amount the federal college grant offers is $5,920. Carbajal’s bill, named  the Middle Class Creating Higher Education Affordability Necessary to Compete Economically (C.H.A.N.C.E.) Act, aims to increase the maximum to $9,650.

Drafted as House of Representatives (H.R.) bill 2260, the act proposes making the Pell Grant available year-round, so that university students can receive grant funding during summer sessions.

Carbajal said in a press release Monday that the aim of the bill is to make college more affordable.

“This legislation helps enable students to begin their careers and give back to our communities without the burden of crushing student loan debt,” he said in a statement.

H.R. 2260 was referred to the House Committee on Education and the Workforce on Monday, where it awaits further deliberation.