July 14, 2009
- Economic Stimulus Plan Increases Help for College Tuition
The 2009 economic stimulus plan increases the maximum Pell Grant, from $4,731 currently to $5,350 starting July 1 and up to $5,550 in 2010-2011. This Federal Grant is intended to help low-income students attend a college or university. The maximum grant amount would cover about 75% of the average cost of a four-year college program. And, 800,000 more students, or nearly 7 million students, may now qualify for Pell funding.
July 12, 2009
- Economic Stimulus Good for Higher Education
The economic stimulus plan that was passed earlier in 2009 increases the maximum Pell Grant, from $4,731 currently to $5,350 starting July 1 and $5,550 in 2010-2011. This Federal Financial Aid Grant is intended to help the lowest-income students attend college or university. The maximum grant should cover about 75% of the average cost of a four-year college. The plan also increases the number of students who will be eligible. In fact, now, 800,000 more students, or about 7 million, may qualify for Pell Grants.
