"Transparency, HBCUs, and the federal Pell Grant program have a chance to take center stage during Congress' lame-duck session this year," Best Colleges reports.

..."Karen McCarthy, vice president of public policy and federal relations at the National Association of Student Financial Aid Administrators (NASFAA), told BestColleges that now may be the best shot Democrats have at passing the party's preferred budget. This may be the motivation needed to spur action before the year's end.

If not, financial aid administrators will feel pressured to give lowball financial aid offers since they won't know the maximum Pell Grant award for the 2023-24 academic year.

'Nobody likes to have to go back and revise financial aid offers,' she said. 'When you do have to, you want to revise it up, not down.'"

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: 12/9/2022