Federal Pell Grant

The Federal Pell Grant Program has been the cornerstone of the federal student aid program for the past few decades. The grant provides an opportunity for low-income students to access a postsecondary education through financial aid funding. The program provides funds to students from families earning less than $40,000 per year, with the majority of the funding reserved for families earning less than $20,000 per year. It provides critically-needed support for 16 million students every year, ore about one-third of undergraduates.

Though the Pell Grant has expanded college access to millions of students, it has not been able to keep up with the rising cost of higher education in recent years. Beginning in July 2019, the maximum Pell Grant award is $6,195. This increase in funding will help expand access to higher education for students by decreasing their financial burden in obtaining a post-secondary degree. However, more action is needed to safeguard access to this aid.

Congress should push for a policy that will...

  • Return the purchasing power of the Pell Grant to half the cost of attendance by 2029 (50 percent of the cost to attend a four-year university).
  • Tie the Pell Grant to rate of inflation so the award grows with the economy.
  • Incent additional credit completion with bonuses only.
  • Limit short-term or workforce program eligibility to high-quality programs.
  • Stablize the Pell Grant program by protecting its reserve funds.
  • Simplify the Free Application for Federal Student Aid (FAFSA) process to remove barriers to recieve financial aid.

Find your U.S. Representative to say "thank you" for their supportive efforts in safeguarding higher education accessibility and investing in low-income students.

 

 

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