Pell Grant Program Gets Its Biggest Funding Boost in a Decade, Helping Students With College Affordability

"From community colleges to Ivy League universities, about a third of U.S. undergraduates stand to gain this year from a funding increase to a major federal grant program," the Pittsburgh Post-Gazette reports

... "As of 2020-21, the maximum Pell Grant covered 26% of the average attendance cost at a public four-year university — down from more than three-quarters of the cost in the mid-1970s, according to 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: 1/7/2023

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