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Pell Grant Increase Will Help Low-Income Students, But More is Needed

Diverse: Issues in Higher Education

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. According to the Department of Education, about six million students received Pell Grant funding in the 2020 – 2021 academic year.

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5 Big FAFSA Updates That Will Impact Your Financial Aid This Year

CFAA College Financial Aid Advisors

This change is designed to improve accessibility for all students and reduce barriers to financial aid. Elimination of the Expected Family Contribution Perhaps the most significant change for students and families is the replacement of the Expected Family Contribution (EFC) with the Student Aid Index (SAI).

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Why Scholarships Are Vital for Low-Income Students and Families

Scholarship America

For students from low-income families, college can be a massive catch-22: higher education has never been more important, but it’s also never been more expensive. Private-sector scholarships can make a huge difference when it comes to filling the affordability gap for low-income students.

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How Net Price Calculators Can Better Serve Students

IHEP Institute for Higher Education Policy

With loans, either the award name doesn’t use the term ‘loan,’ or the loan amount gets lumped in with other forms of aid. Take, for instance, this University of California-Berkeley output (shown below) where $8,800 of student loans and work appear in the “Estimated Award” section.

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From College to Careers: The Pell Institute Receives $748,000 Ascendium Grant to Explore Career Development within TRIO Programs

COE

. “We’re excited to support this exploration by The Pell Institute to understand what additional career development capacities TRIO programs might be able to offer to complement institutional efforts, with the goal of reaching and serving more learners from low-income backgrounds during their critical transition from college to career.”

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2022 Year in Review

COE

And as we continued to extract the possible from the impossible, this year taught us that our students can change the world. Read how COE worked to advance college access and success for first-generation and low-income students and students with disabilities and serve TRIO programs nationwide in 2022.

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Policy Update: “Better FAFSA” Opens in December 2023

Scholarship America

Within the next few months, the Court will weigh in on President Biden’s student-loan forgiveness plan * and on race-conscious college admissions. While neither case deals directly with scholarships or financial aid, both could have significant effects on college costs and accessibility in the future. (*The

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