"President Biden is set to repeat some of his longstanding higher-education priorities in his State of the Union address on Tuesday night, calling for more federal spending for low-income students and at minority-serving institutions," The Chronicle of Higher Education reports.
..."To make college more affordable for those who do attend, Biden will ask Congress for a $2,000 increase in the maximum Pell Grant for low-income students, and to make that money available to 'Dreamers' — people who arrived in the country, without proper documents, as children.
That would be a significant increase in the award, which is now capped at nearly $6,500 and has been outpaced by both inflation and college prices for the past 40 years, according to an analysis by the National Association of Student Financial Aid Administrators."
NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.
Publication Date: 3/1/2022