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House Bill Would Overhaul Federal Student Aid

College Planners of America

Title III of the legislation contains the Committee on Education and Workforce’s proposed changes to the Department of Education’s (ED) student aid programs, including Pell Grants, student loans, and the aid eligibility formula. 1 was designed to rectify the government’s convoluted student loan system and save $351 billion.

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Omnibus Bill Offers Financial Boosts, Compromises

Diverse: Issues in Higher Education

One such compromise involved the Pell Grant, which President Biden had proposed increasing by over $2,000, part of a plan to double the maximum award by 2029. The omnibus offers additional funding for a variety of programs that help students who have the toughest roads to completion.