Tag Archives | pell grant

6 Steps to Beating the Shortage of Financial Aid for College Students

By on June 28, 2011

Did you know that only about 40 to 50 percent of college students will get some type of financial assistance in the form of grants and scholarships in 2011 and 2012? According to experts, there are six steps that all college students should take to increase their chances of being among the lucky ones to receive such aid.… Continue reading

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Student-Aid Experts Suggest Trims for Pell Grant Program

By on April 15, 2011

Financial-aid experts typically advocate putting more money into the federal Pell Grant program. But now, with cuts very much on the table—the U.S. House of Representatives passed a budget resolution for the 2012 fiscal year on Friday that would take the maximum grant back to pre-stimulus levels—they are making recommendations for how to trim it.… Continue reading

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Obama’s Budget Proposes a Significant Increase for Schools

By on February 17, 2011

President Obama proposed a 2012 Department of Education budget on Monday that would, if approved, significantly increase federal spending for public schools, and maintain the maximum Pell grant — the cornerstone financial-aid program — at $5,550 per college student.

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House-Passed Bill Would Avert Cut in Pell Grants

By on December 9, 2010

The U.S. House of Representatives passed a spending bill on Wednesday that would close a $5.7-billion gap in the Pell Grant program and avert a cut to the maximum award.

The spending measure, known as a continuing resolution, would finance the government through the end of the current fiscal year, September 30.… Continue reading

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Pell Grant History

By on July 26, 2010

The Pell Grant program is a type of post-secondary, educational federal grant program sponsored by the U.S. Department of Education.

It is named after U.S. Senator Claiborne Pell and originally known as the Basic Educational Opportunity Grant program. Grants, which do not require repayment, are awarded based on a “financial need” formula determined by the U.S.… Continue reading

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Rising College Costs: A Federal Role?

By on July 25, 2010

The Obama administration, even as it tried to restrain other domestic spending in its 2011 budget request, has called for expanding the Pell Grants, the main federal college aid program for low-income families. If adopted by Congress, the president’s formula would raise the top grant to $5,710 in 2011, compared with $5,550 this year, according to The Chronicle of Higher Education, and make the program available to an additional one million students.… Continue reading

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Battle Lines Drawn Over For-Profit Colleges

By on June 24, 2010

The battle lines on the future of for-profit colleges were being drawn Wednesday, a day before a series of Congressional hearings on the issue were to begin.

Fueled by federal student aid, the for-profit sector has mushroomed in the last decade.… Continue reading

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