Pell Grant Increase Will Help Low-Income Students, But More is Needed
Diverse: Issues in Higher Education
JANUARY 4, 2023
29, the new federal spending plan is set to increase the Pell Grant in 2023, allowing low-income students a chance to access up to $7,395 each year. The new total is a record high for the program, first created in 1972. trillion by the end of 2022, according to the U.S. With President Biden’s signature on Dec. Federal Reserve.
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