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

CFAA College Financial Aid Advisors

The maximum Pell Grant award has increased, and more students will qualify for this need-based aid. This is especially beneficial for low-income students who rely heavily on Pell Grants to fund their education. Increased Pell Grant Eligibility The FAFSA changes also come with an expansion of Pell Grant eligibility.

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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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How Does Early Decision Affect Financial Aid?

Student Loan Hero

If the financial aid package falls short, you’ll likely need to take out student loans or break your binding agreement. Fortunately, students can usually turn down an ED offer if the financial aid is too low, especially if the school’s cost of attendance is more than they can afford.

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

CFAA College Financial Aid Advisors

If that happens to your family, here’s a few ideas of how to find money to pay for college after financial aid: Contact the Financial Aid Office(s): If there is a school that particularly appeals to your student, you can contact the financial aid office and ask if there are any other options for receiving more financial aid.

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

COE

. ### The Council for Opportunity in Education (COE) is a nonprofit organization established in 1981, dedicated to expanding college opportunities for low-income, first-generation students and students with disabilities. As a 501(c)(3) nonprofit organization, we fund initiatives across the U.S.

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