Congress Cuts Portion of Pell’s Budget Pie
By Charles Dervarics
Congress continues to shift gears on legislation that may determine whether the maximum Pell Grant will increase this year.
The latest evidence is in a new House/Senate budget agreement that largely reflects the White House plan, which calls for a program increase only to cover current shortfalls in the program. Gone from the final agreement is a plan the Senate adopted last month earmarking $3.2 billion more for the student aid grant program. Among other goals, this funding would have increased the maximum grant by $450 next year.