Biden Signs FY 2022 Budget Into Law, With Increases for Pell Grants and Student Aid Funding
By Hugh T. Ferguson, NASFAA Senior Staff Reporter
President Joe Biden on Tuesday signed Congress’ massive fiscal year 2022 spending bill into law, which contains $24.6 billion for federal student aid programs, and includes a $400 increase to the maximum Pell Grant award, bringing the total to $6,895 for the 2022-23 award year.
Congress flirted with its most recent expiration of a short-term spending extension to keep the government operational and ultimately cleared its wide ranging $1.5 trillion package well before the March 11 midnight deadline, as the Senate passed the spending bill Thursday evening.
Happening Now: President Biden signs the Bipartisan Government Funding Bill into law. https://t.co/dLeyXyrPI5
— The White House (@WhiteHouse) March 15, 2022
The legislation contains a host of provisions within the legislative text concerning campus-based aid programs, increases in federal student aid funding, and more federal higher education programs. In addition, NASFAA has provided coverage of several changes to the FAFSA Simplification Act that Congress made through the spending law.
Since the annual appropriations process has faced significant delays this cycle, the work on the fiscal year 2023 spending levels is expected to start in earnest within the coming weeks as Congress faces its annual October 1 budgeting deadline.
Publication Date: 3/16/2022
Comments Disclaimer: NASFAA welcomes and encourages readers to comment and engage in respectful conversation about the content posted here. We value thoughtful, polite, and concise comments that reflect a variety of views. Comments are not moderated by NASFAA but are reviewed periodically by staff. Users should not expect real-time responses from NASFAA. To learn more, please view NASFAA’s complete Comments Policy.
Related Content
Biden Signs Short-Term Spending Bill for Fiscal Year 2024
Today's News for October 2, 2023
Off the Cuff - Episode 269 Transcript
Lawmakers Urge Senate Appropriators to Increase Federal Funding for FSA
NASFAA Joins Call for Congress to Double Pell, Invest in Higher Education in FY 2024 Budget
Congress Unveils Sprawling Fiscal Year 2023 Spending Bill With $500 Maximum Pell Grant Boost
Biden Signs Short-Term Spending Bill for Fiscal Year 2023
Senate Preps Short-Term Spending Bill to Avert Impending Government Shutdown
Senate Releases Text for Fiscal Year 2023 Spending Bill
House Appropriations Committee Advances Education Spending Bill
House 2023 Budget Proposal Would Boost Education Spending, Add $500 to Max Pell Grant
Spending Agreement Avoids Government Shutdown Through Mid-February
Senate Unveils Text of Fiscal Year 2022 Labor-HHS-Education Spending Bill
New Fiscal Year Begins With Enactment of Short-Term Spending Fix
Double Pell Would Halve Student Loan Debt, New Report Details
Policy Deep Dive: Build Better Act
House Panel Spars Over Reconciliation Package’s Higher Ed Provisions
Text of Reconciliation Package’s Higher Ed Provisions Released
Foxx Calls on Scott to Provide Members With Transparent Process for Impending Reconciliation Plan
House in Brief Recess Break Overcomes Procedural Hurdles for Infrastructure Spending Plans
Senate Spending Work Kicks Off With House Recessed for the Summer
Senators Urge Reconciliation Package Include Expansion of Social Security Benefits for Students
House Appropriations Committee Advances Education Spending Bill
Senate Dems Strike Budget Agreement: What’s That Mean for Higher Ed?
House Presses Cardona on ED’s Priorities
Appropriators Receptive to Pell Grant Investments as Cardona Stresses Urgency in Higher Ed Funding
Cardona Touts Biden’s Budget Investments, Pledges to Protect Student Loan Borrowers
GOP Allege ED Burying Report on Student Loan Budget Projections
Appropriations Hearing Highlights Role and Needs of Community Colleges
What the White House’s Fiscal Year 2022 Delayed Budget Proposal Means for Higher Ed
House Clears COVID Aid, Now Ready for POTUS Signature
COVID Aid One Step Closer to Enactment With Senate Revisions
House Committee Advances Education Portion of COVID Relief Package, With $40 Billion for Higher Ed
Pandemic Could Hit Higher Ed With More Than $180 Billion in Budget Deficits
House Education Committee Releases Bill Text for Coronavirus Relief Package
Democrats Begin Reconciliation Process, Paving Route to Further COVID Aid
Enactment of Omnibus Expected in the Coming Days
Congress Mulls Another Funding Extension in Hopes of Finalizing Year-End Spending Package
Bipartisan Group of Lawmakers Announces COVID-19 Relief Deal
Congress Careens Through Lame Duck Session With Flurry of Activity
Congressional Leaders Aim to Extend Funding Deadline as Shutdown Looms
Advertisement
You must be logged in to comment on this page.