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 […]