"Education advocates say a Trump administration plan to use federal Pell Grant money to fund space exploration would jeopardize aid for future college students and could trigger a budgeting crisis within just a few years," The Associated Press reports.
"The plan aims to redirect $1.9 billion from a Pell Grant surplus to jumpstart other projects, primarily a NASA initiative to put astronauts back on the moon. In announcing the plan Monday, administration officials said it would keep the Pell program, the largest source of federal aid for low-income students, on sound fiscal footing and would not harm students.
But a chorus of education organizations pushed back Tuesday.
... Justin Draeger, president of the National Association of Student Financial Aid Administrators, called the Trump plan short-sighted.
'We will most definitely be facing a period of time when we need those surplus dollars,' said Justin Draeger, president of the National Association of Student Financial Aid Administrators. 'If we don’t have a surplus, we have to make cuts to the program to make up for it.'"
NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.
Publication Date: 5/14/2019
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Part 690: Federal Pell Grant Program
What Are the Minimum and Maximum Federal Pell Grant Award Amounts For 2024-25? (Award Year: 2024-25)
Are Students Notified Regarding Their Pell Lifetime Eligibility Used (LEU)? (Award Year: 2024-25)
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College Board Trends Report Paints Changing Picture of College Cost
Brief Outlines How FAFSA Simplification Will Impact National and State Financial Aid
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2023-24 NAO - Overview of Financial Aid Handout
What If a Student’s SAI Changes After the Pell Recalculation Date? (Award Year: 2024-25)
Can We Use the Previous Award Year SAI If Our Summer Term Starts After July 1? (Award Year: 2024-25)
Is a Student Eligible For Federal Student Aid For Late Start Courses? (Award Year: 2024-25)
How Much Extra Can We Award a Student Under Year-Round Pell Grant Rules? (Award Year: 2024-25)
Analysis: Most Students Face Unmet Need When Paying for College
How Do You Handle Census Dates and the Return Of Title IV Funds? (Award Year: 2024-25)
Does Year-Round Pell Apply To Clock-Hour Programs? (Award Year: 2024-25)
Second Chance Pell Experimental Sites Information
If Summer 2024 Is a Header To 2024-25, Must We Use the Student Aid Index To Calculate a Pell Grant?
Is a TEACH Grant Recalculation Required If a Student Begins Attendance In Some But Not All Classes?