• Scholarships
  • Colleges
  • Grants
  • Loans
  • Blog
February 3, 2006 by Nate Johnson

Pell Grant Award Caps Unchanged



The US House of Representatives recently passed a bill that cuts $2.2 billion in vital funds needed to administer federal student loan programs. The bill also outlines several other measures that will impact college students and their families, including caps on Pell Grant awards.

The Pell Grant is the largest grant program which is awarded to undergraduate students and based upon financial need. Many students from a low income background would not be able to attend college without the Pell Grant awards. The grant awards vary in amount from $400 to $4,050 per student.

Currently the maximum Pell Grant a student can receive is $4,050 per year. Despite the usual cost of living and inflation increases congress has decided not to raise this limit for the fourth consecutive year.

Initially the House had promised to increase the maximum Pell Grants for low-income students by $100. Tom Kiley, spokesman for Rep. George Miller (D-Calif.) expressed his disappointment with the bill in regard to the Pell Grants for low income students

“Once again, we missed an opportunity to raise the Pell Grant,” Kiley said. “That is a glaring omission.”



Categories: General
Previous postStudent Loans on the Chopping Block Next postFinancial Aid Maze


About the Author Nate Johnson

Contact the author

Comments

Name required

Email required

Website

Click here to cancel reply.

About

College Financial Aid Guide seeks to provide information to college students (past, present and future) and their parents to help them pay for college.

Get Connected

RSS Feed

Categories

  • College
  • Fellowship
  • General
  • Grants
  • News
  • Scholarships
    • Accounts Scholarship
    • African American Scholarship
    • Agriculture Scholarship
    • Armenian Descent
    • Aviation Scholarship
    • Cancer Survivor Scholarship
    • Catholic Education Scholarship
    • Cosmetology Scholarships
    • Design Scholarship
    • Greek American Scholarship
    • Hydroceplalus
    • International Scholarships
    • Military Scholarship
    • Navy & Marine Corps Scholarsip
    • Nursing and Medical Assisting Scholarships
    • Scholarship For American Indians
    • scholarship For Athletes
    • Scholarship For Bleeding Disorders
    • Scholarship For Blind
    • Scholarship For Disabled
    • Scholarship For Equine Study
    • scholarship For High School Students
    • Scholarship For Hospitality Student
    • Scholarship For Performing Arts
    • Scholarship For Radiologic Technologists
    • Scholarship For Women
    • Science & Technology Scholarships
    • Sports Scholarship
    • Teacher Education Scholarship
    • Unusual Scholarships
  • Student Loans
  • Archives

  • April 2013
  • March 2013
  • November 2012
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • March 2009
  • February 2009
  • July 2008
  • June 2008
  • May 2008
  • April 2008
  • March 2008
  • February 2008
  • December 2007
  • March 2006
  • February 2006
  • January 2006
  • November 2005
  • October 2005
  • September 2005
  • August 2005
  • July 2005
  • June 2005
  • May 2005
  • Programs & Majors
    • Arts
    • Business
    • Dental
    • Education
    • Health
    • Law
    • Languages
    • Music
    • Medical
    • Photography
    • Psychology
    • Technology
    Specific Cases
    • Athletes
    • American Indians
    • Accounts Scholarship
    • Agriculture
    • African American
    • Cancer Survivor
    • Cosmetology
    • Disabled
    • International
    • Greek American
    • Hospitality Student
    • Scholarship For Blind
    Scholarship Types
    • Disabled Students
    • High School Students
    • Minorities
    • Single Moms
    • Women
    • Weird Scholarships
    About      Blog     Contact us     Sitemap     Follow us
    © Copyright 2013 CollegeFinancialAidGuide.com   All Rights Reserved