Pell Grants PDF Download

Author: Margot A. Schenet
Publisher: Nova Publishers
ISBN: 9781590335833
Category : Business & Economics
Languages : en
Pages : 122

View

Book Description
Pell Grants Background & Issues

Author: Congressional Research Service
Publisher: Createspace Independent Publishing Platform
ISBN: 9781507736722
Category : Federal aid to higher education
Languages : en
Pages : 50

View

Book Description
The Higher Education Act of 1965 (HEA; P.L. 89-329) authorizes numerous federal aid programs that provide support to both individuals pursuing a postsecondary education and institutions of higher education (IHEs). Title IV of the HEA authorizes the federal government's major student aid programs, which are the primary source of direct federal support to students pursuing postsecondary education. Titles II, III, and V of the HEA provide institutional aid and support. Additionally, the HEA authorizes services and support for less-advantaged students (select Title IV programs), students pursing international education (Title VI), and students pursuing and institutions offering certain graduate and professional degrees (Title VII). Finally, the most recently added title (Title VIII) authorizes several other programs that support higher education. The HEA was last comprehensively reauthorized in 2008 by the Higher Education Opportunity Act of 2008 (HEOA; P.L. 110-315), which authorized most HEA programs through FY2014. Following the enactment of the HEAO, the HEA has been amended by numerous other laws, most notably the SAFRA Act, part of the Health Care and Education Reconciliation Act of 2010 (P.L. 111-152), which terminated the authority to make federal student loans through the Federal Family Education Loan (FFEL) program. Authorization of appropriations for many HEA programs expired at the end of FY2014 but has been extended through FY2015 under the General Education Provisions Act. This report provides a brief overview of the major provisions of the HEA.

Author: Iola Thibault
Publisher: Nova Science Pub Incorporated
ISBN: 9781629485508
Category : Education
Languages : en
Pages : 81

View

Book Description
The federal Pell Grant program is the single largest source of federal grant aid supporting post-secondary education students. The program provided over $33.5 billion to approximately 9.7 million undergraduate students in FY2011. For FY2012, the total maximum Pell Grant was funded at $5,550. The program is funded primarily through annual discretionary appropriations, although in recent years mandatory appropriations have played a smaller yet increasing role in the program. The statutory authority for the Pell Grant program was most recently reauthorised by the Higher Education Opportunity Act of 2008. Pell Grants are need-based aid that is intended to be the foundation for all federal student aid awarded to undergraduates. There is no absolute income threshold that determines who is eligible or ineligible for Pell Grants. Nevertheless, Pell Grant recipients are primarily low-income. In FY2010, an estimated 74% of all Pell Grant recipients had a total family income at or below $30,000. This book reviews how the program works and provides an analysis of recent program costs and funding, recipients (numbers and characteristics), and the role the program plays in the distribution of federal student aid. In addition, this book highlights some of the current legislative issues pertaining to the program.

Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

View

Book Description
The Federal Pell Grant program, authorized by the Higher Education Act (HEA), is the single largest source of grant aid for postsecondary education attendance funded by the federal government, estimated to provide nearly $13.1 billion in FY2004 to about 5.3 million undergraduate students. For FY2004, the maximum Pell Grant is funded at $4,050. With the expiration of the HEA, the 108th Congress is likely to debate what changes may be needed in the Pell Grant program as part of its consideration of HEA reauthorization. Pell Grants are need-based aid intended to be the foundation for all federal student aid awarded to undergraduates (eligibility is limited to undergraduates). There is no absolute income threshold that determines who is eligible and who is ineligible for Pell Grants. Nevertheless, Pell Grant recipients are primarily lowincome. In FY1999, an estimated over 90% of Pell Grant recipients considered to be dependent upon their parents had total parental income below $40,000. Of Pell Grant recipients considered to be independent of their parents, over 90% had total income below $30,000. Among the issues that may be debated by the Congress during the HEA reauthorization process is the extent to which the Pell Grant program continues to act as the foundation for all federal need-based aid for undergraduates. Concern has been raised about the diminished role that the Pell Grant may be playing. For example, need-based aid recipients are as likely to borrow subsidized loans under the Federal Stafford Loan program as they are to receive Pell Grants. This overarching issue may trigger consideration of various steps to increase the amount of Pell Grant aid flowing to the neediest students. This might include deliberation over raising the Pell Grant minimum award (those with the smallest grants are the least needy of Pell recipients), converting the program into an entitlement possibly with higher annual maximum grants, and concentrating Pell Grant assistance on needy undergraduates in their initial years of enrollment (so-called "front loading") which may result in substantially higher grants in those years. Converting the program to an entitlement is also seen by some as a response to the periodic uncertainty about the adequacy of the annual appropriation to meet program costs and resulting funding shortfalls. Other issues that may engage the Congress include deciding the degree to which, if any, the size of students' Pell Grants should be sensitive to institutions' tuition charges, and whether some element of academic merit should be introduced into the process of determining Pell eligibility and level of Pell assistance. This report will be updated to reflect major legislative action to reauthorize the Pell Grant program.

Author: United States
Publisher:
ISBN:
Category : Education, Higher
Languages : en
Pages : 432

View

Book Description

Author:
Publisher:
ISBN:
Category : Federal aid to education
Languages : en
Pages : 274

View

Book Description

Author:
Publisher:
ISBN:
Category : Student aid
Languages : en
Pages : 104

View

Book Description

Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Federal aid to higher education
Languages : en
Pages : 50

View

Book Description

Author:
Publisher:
ISBN:
Category : Federal aid to higher education
Languages : en
Pages : 112

View

Book Description

Author: Nabeel Alsalam
Publisher:
ISBN: 9781457848704
Category :
Languages : en
Pages : 35

View

Book Description
The Federal Pell Grant Program was created to improve the access of low-income students to postsecondary education. Grant recipients enroll at four-year colleges and universities, for-profit schools, two-year community colleges, and institutions that specialize in occupational training. Grants are awarded on the basis of financial need and academic course load, and the maximum grant a student can receive for the 2013-2014 award year is $5,645. During the most recent award year for which data are available (July 1, 2011, to June 30, 2012), the program provided $33.6 billion in grants to some 9.4 million students at U.S. educational institutions. The cost of the program has risen dramatically in recent years. From 2006-2007 to 2010-2011, real (inflation-adjusted) spending on Pell grants increased by 158%, due to an 80% rise in the number of recipients and a 43% real increase in the amount of the average grant during those four years. Spending for the program declined in 2011-2012 because of a reduction in the amount of the average grant. Contents of this report: The Federal Pell Grant Program; Recent Growth in Spending; Options for Changing the Program; Alternatives to the Program. Tables and figures. This is a print on demand report.