"President Biden proposed a $2,175 increase in the maximum Pell Grant Monday in his budget proposal to Congress for fiscal 2023. That would bring the maximum annual Pell award to $8,670," Inside Higher Ed reports.
...“'This budget proposal is a significant step in the right direction to expand access to postsecondary education to more low- and middle-income students and restore some of the purchasing power of the Pell Grant,'” said Justin Draeger, CEO and president of the National Association of Student Financial Aid Administrators. “'We also applaud the president’s calls to improve customer service for federal student loan borrowers.'”
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: 3/29/2022