Pell Grants targeted for cuts, hurting college chances for kids

We’ve talked a lot about proposed budget cuts for the very young, but the college-bound could also suffer. The House budget plan would cut almost $6 billion from Pell Grants, the popular financial assistance program that helps low-income college students pay their way.

At least 180,000 students could lose all Pell support from the House plan, according to the House Committee on Education and the Workforce. We’re only cheating ourselves with these cuts, since helping these ambitious kids get a college education is going to make them into higher earners, encourage their kids to go to college and reduce their need for government assistance. Read more in our Speaking Out! newsletter, and sign up for Speaking Out! here.

Comments

January 12, 2012 at 1:20 am by freemoneyusa

An applicant may receive only one Pell Grant in an award year and may

not receive Pell Grant funds from more than one school at a time.

Students must apply for aid by the end of June to be eligible for aid

in the upcoming school year.

January 12, 2012 at 1:21 am by freemoneyusa

An applicant may receive only one Pell Grant in an award year and may

not receive Pell Grant funds from more than one school at a time.

Students must apply for aid by the end of June to be eligible for aid

in the upcoming school year. Academic Competitiveness Grant (ACG)
This is a relatively new student grant that was put into motion by the

federal government
http://www.freemoneyusa.org

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