Congress reached a deal on the fiscal year (FY) 2012 budget, which includes the nine remaining appropriations bills needed to fund the federal government for the rest of FY 2012. The bill includes award year 2012-13 funding levels for the federal student aid programs and maintains a $5,550 maximum Pell Grant for the 2012-13 award year by cutting spending on other student aid programs and restricting eligibility.
Interested in learning more? NASFAA provides a detailed summary of the (FY) 2012 Budget bill.
Why Budget Policy Shouldn't Drive Education Policy
Publication Date: 2/14/2011