BestColleges

DECEMBER 16, 2022

The maximum Pell Grant amount a student can receive is $6,895. [1]. Last year, the average Pell Grant amount was $4,130. [2]. When you account for inflation, the average Pell Grant amount decreased by about 4% between 2011 and 2021. But, Pell Grant recipients also accrue more student loan debt. [7]. Check Circle.

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BestColleges

MARCH 13, 2023

Biden recommitted to doubling the Pell Grant by 2029 in his latest budget proposal. His budget also seeks to raise the discretionary maximum federal Pell Grant another $820 per year in 2024, which would help him reach his goal of doubling the max Pell Grant from 2023-2029. That's an 11.1% Approximately 6.8

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BestColleges

JANUARY 3, 2024

One such issue has been a point of contention for many years now: student loan debt relief. As the 2024 campaign heats up, debates surrounding student loan forgiveness, college affordability, and Pell Grant expansion will likely move to the forefront as discussions that began in 2023 come to a head. Though Washington, D.C.,

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BestColleges

AUGUST 2, 2023

The proposal would raise the maximum Pell Grant to $7,645 for the 2024-25 academic year. Federal Student Aid would receive more funds to help bolster the office tasked with resuming student loan payments soon. President Joe Biden pledged to double the maximum Pell Grant by 2029 last year. The Democratic-led U.S.

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BestColleges

JANUARY 24, 2023

Two Supreme Court decisions involving affirmative action and student loan debt forgiveness are sure to capture headlines. Student Loan Debt Cancellation Arguments Ongoing Don't expect the noise surrounding federal student loan debt to die down anytime soon. higher education may also grab headlines in the upcoming year.

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BestColleges

APRIL 1, 2024

Joe Biden and Donald Trump have very different views on key higher education issues like student loan debt forgiveness, accreditation, and DEI. Biden has seen success in discharging federal student loans, while Trump has been an opponent of student debt relief. The maximum Pell Grant award was $5,920 prior to Trump taking office.

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