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Pell Grant update

July 6, 2017

By James Williams

While Pell Grants stay alive in the Trump budget, funds for the program are recommended to be reduced by $3.9 billion.

Grants are a huge factor for undergraduate students, and the Pell Grant program is the largest federal grant program. It sends up to $5,920 to students whose families earn less than $40,000, prioritized for families earning closer to $20,000. While virtually all students have loans, the key difference is that grants do not have to be repaid. 

The Trump budget also proposes eliminating the federal Supplemental Educational Opportunity Grant (SEOG) program. These grants provide $100 - $4,000 per year for students based upon financial need and on the school’s funds. It is campus-based and is sent directly to the institution, not the student. Will these changes go into effect? The ball now sits in Congress’ court.

 

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