The Pell Grant program faces a $2.7 billion funding shortfall for the 2025 fiscal year, raising concerns over financial aid ...
The Pell Grants program is now expected to run out of reserves by the end of this year and is expected to face a $71 billion ...
The Congressional Budget Office last month released Pell Grant program projections, which now estimate a $2.7 billion funding ...
There’s a looming problem for students receiving federal Pell Grants: funds are running low as more students qualify.
Pell Grants are a form of financial aid issued by the United States Department of Education. Unlike other forms of financial aid, Pell Grants are not loans. Recipients don’t have to repay the ...
The funding shortfall could eventually threaten recipients’ eligibility or benefits, one student advocacy group warned.
In fact, the number of Pell Grant recipients peaked over a decade ago, when 9.4 million students were awarded grants in the 2011-12 academic year, and sank 32% to 6.4 million in 2023-24, ...
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