Pell Grant Amount Not Keeping Pace With Rising Demand
By Charles Dervarics
New data from the U.S. Department of Education shows the rising demand for Pell grants and the quickly growing shortfall in the nation’s main grant aid program for college.
The number of Pell grant recipients increased nearly 25 percent during the past two years, says Sally Stroup, assistant education secretary for post-secondary education. This increase is a stark difference from the period 1997-1999, when the number of recipients was up by only 5 percent.