"Millions of college students who receive the federal need-based Pell Grant will see the yearly maximum award increase by $500 to $7,395 this fall, the largest boost in a decade and the second increase in two years," Pittsburgh Tribune-Review reports. 

... "Nationwide, more than 6.5 million Pell grants of varying sizes are awarded annually to undergraduates with financial need who have not yet earned a bachelor’s degree, according to the National Association of Financial Aid Administrators in Washington, D.C."

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: 1/4/2023