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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. Coupled with the $400 increase in the 2022 fiscal year, this is the largest two-year increase ever in the history of the grant. The total student loan debt reached $1.75

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Why Scholarships Are Vital for Low-Income Students and Families

Scholarship America

Private-sector scholarships can make a huge difference when it comes to filling the affordability gap for low-income students. Despite the cost, despite student struggles, despite the difficulty, one thing remains true: the more education you get beyond high school, the better your prospects are.

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How Net Price Calculators Can Better Serve Students

IHEP Institute for Higher Education Policy

For instance, as highlighted in IHEP’s recent report Opportunity Lost: Net Price and Equity at Public Flagship Universities , the University of Arizona’s NPC produces reduced net price for students who qualify for the Arizona Assurance Grant. It also requires that institutions break down all grants by category and source.

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

COE

From College to Careers: The Pell Institute Receives $748,000 Ascendium Grant to Explore Career Development within TRIO Programs April 7, 2023 — by Terry Vaughan III The research will examine how TRIO programs can work with existing career services to provide comprehensive career support to learners.

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

CFAA College Financial Aid Advisors

The new rules clarify which students can qualify as independent, particularly those who are veterans, married, or emancipated minors. Increased Pell Grant Eligibility The FAFSA changes also come with an expansion of Pell Grant eligibility. Hopefully this makes higher education more affordable!

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How to Close the Gap Between Financial Aid Offers and the Cost of College

CFAA College Financial Aid Advisors

Any financial aid offer letters received will outline the amount of scholarships, grants, and loans you can expect. The school may have additional funds for low-income students or may be able to point you in the direction of other scholarships. From there, they are able to offer financial aid accordingly.

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The Pros and Cons of Parent Plus Loans

College Planners of America

The FAFSA process will determine if the student is eligible for subsidized and unsubsidized student loans, Pell Grants, and/or the Work-Study Program. Parents may contact their student’s high school financial aid office for assistance. This reduces the need for low-income parents to borrow as much as they do now.