More than 8 million students received Pell Grants in 2009-10, up from 6.2 million in 2008-09, according to the U.S. Department of Education's 2009-10 Federal Pell Grant Program End-of-Year Report. The increase in Pell recipients fueled rising costs for the Pell program as total program spending increased from $18.3 billion in 2008-09 to nearly $30 billion in 2009-10. The current debate in Congress over reducing the deficit has made the growing Pell Grant program a target for spending cuts. Though Congress is just beginning the FY2012 budget process, the Republican-controlled House and the Democratic-controlled Senate will have to reach a compromise before they come to a final agreement on spending levels.
You have selected premium content please login to access this content.
Forgot your password? Click here.
Don't have a myNASFAA account? Create yours now. You don't need to be a NASFAA member.
Open the doors to success for yourself and for your students! Join NASFAA and receive full member access to premium content.
Request free trial access to the website and Today's News.
Advertisement