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Biden Proposes More Money for Pell Grants

Inside Higher Ed

Scott Jaschik
March 2, 2022
President Biden proposed more money for Pell Grants and minority-serving institutions in his State of the Union address Tuesday night.
A fact sheet released by the White House said, “Providing up to more than [sic] $2,000 in additional assistance to low-income students by increasing the Pell Grant award. President Biden will note that broad access to education beyond high school is increasingly important for economic growth and competitiveness in the 21st century, but also remind us that higher education has become unaffordable for too many families. Over 6 million students depend on Pell Grants to finance their education, yet the amount of money in these grants has not kept up with the rising cost of college and DREAMers still do not have access. During his State of the Union Address, President Biden will call on Congress to increase the maximum Pell Grant award by more than $2,000.” (The current maximum Pell Grant is $6,495 per year.)

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