Recent Pell Grant News: Cuts on Their Way?

Written by Michael Bennet

The most relevant Pell Grant news that has recently sprung about has to do with the shortfall that the Pell Grant program is currently experiencing. While I haven’t been able to locate an exact amount of the shortfall, it is severe enough to allow Congress to act if nothing else is done very soon. Congress […]

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Pell Grant Cuts May Be Looming

Written by Michael Bennet

There may be several Pell Grant cuts on the horizon, as Congress must deal with an unexpected shortfall that could warrant what would be a 5.7 billion dollar funding cut. The vote should happen over the next few months, and if passed, this Pell Grant cut would reduce the maximum available Pell Grant amount by […]

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The 2011 Pell Grant Shortfall

Written by Michael Bennet

With the inception of the Student Aid and Fiscal Responsibility Act, or SAFRA, the federal Pell Grant program was thought to be in very good shape, as this piece of legislation relaxed the eligibility requirements, along with increasing the maximum award amounts. This expansion was supposed to happen without any sort of issue, although this […]

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The Obama Pell Grant Expansion: Critical Points

Written by Michael Bennet

The Obama Pell Grant expansion was originally signed into law in the spring of 2010 under the guise of the Student Aid and Fiscal Responsibility Act, or SAFRA. This piece of legislation brought about a significant expansion of the Pell Grant program, allowing hundreds of thousands of additional students to receive the Pell Grant for […]

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The Definitive Explanation of the 2011-2012 Pell Grant Cuts

Written by Michael Bennet

Due to an unexpected shortfall in funding for the federal Pell Grant program for the 2011-2012 school year, Congress voted to reduce funding by several billion dollars in the Spring of 2011. While at first it was speculated that the maximum available Pell Grant amount was going to be significantly reduced, along with the overall […]

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Pell Grant Reform and Future Via SAFRA

Written by Michael Bennet

The Pell Grant is continuing to evolve on a yearly basis, with recent changes being handed down as a part of the Student Aid and Fiscal Responsibility Act (HR 3221), or SAFRA. This new legislation was included in the Health Care and Education Reconciliation Act of 2010, and was passed on March 30, 2010 by […]

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Federal Pell Grant Eligibility Changes for 2011-2012

Written by Michael Bennet

The Pell Grant as a financial aid award is continuing to evolve on a yearly basis, and the 2010-2011 and 2011-2012 school years have been no exception. While the SAFRA legislation implemented many of the changes that are listed below in 2010-11, a recent vote in Congress has reformed the Pell Grant program once again, […]

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