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Pell Grant Increase Will Help Low-Income Students, But More is Needed

Diverse: Issues in Higher Education

29, the new federal spending plan is set to increase the Pell Grant in 2023, allowing low-income students a chance to access up to $7,395 each year. According to the Department of Education, about six million students received Pell Grant funding in the 2020 – 2021 academic year. The total student loan debt reached $1.75

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Why Scholarships Are Vital for Low-Income Students and Families

Scholarship America

Private-sector scholarships can make a huge difference when it comes to filling the affordability gap for low-income students. Despite the cost, despite student struggles, despite the difficulty, one thing remains true: the more education you get beyond high school, the better your prospects are. The numbers are stark.

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How Net Price Calculators Can Better Serve Students

IHEP Institute for Higher Education Policy

Without accurate information, many students apply ( or even commit ) to a college or university without complete information on how much it will cost them to attend. The grant guarantees up to $2,000 a year for four years, but also provides a one-time $7,300 subsidy for housing costs for only the student’s first year.

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How Does Early Decision Affect Financial Aid?

Student Loan Hero

If the financial aid package falls short, you’ll likely need to take out student loans or break your binding agreement. Fortunately, students can usually turn down an ED offer if the financial aid is too low, especially if the school’s cost of attendance is more than they can afford.

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What is Student Aid Index (SAI)?

The College Pod

University Scholarships : Merit-based and need-based scholarships awarded by the college. Student Loans : Both subsidized and unsubsidized loans. Work-Study Programs : Opportunities for students to work part-time on campus. Additionally, other need-based aid may be available.

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From College to Careers: The Pell Institute Receives $748,000 Ascendium Grant to Explore Career Development within TRIO Programs

COE

The grant will fund research to develop an evidence-based theoretical model for sustainable, equitable career pathways within colleges and universities that house TRIO programs, specifically Educational Opportunity Centers (EOC), Student Support Services (SSS), and the Ronald E. McNair Post-Baccalaureate Achievement Program.

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The Pros and Cons of Parent Plus Loans

College Planners of America

The FAFSA process will determine if the student is eligible for subsidized and unsubsidized student loans, Pell Grants, and/or the Work-Study Program. Parents may contact their student’s high school financial aid office for assistance. Congress should continue to raise the Pell Grant for low-income students each year.