Thursday, August 3, 2023

Senate Proposes $250 Pell Grant Increase - Katherine Knott, Inside Higher Ed

Senate appropriators, in drafting the budget for the Education Department and other agencies, say they made the most of a difficult situation to reach a compromise on a bill that can pass both chambers of Congress and be signed into law. That compromise would give the Education Department about $370 million more in discretionary funds than it received for the current fiscal year, according to a sparse bill summary released ahead of Thursday’s appropriations committee markup. The Senate plan also would increase the maximum Pell Grant award from $7,395 to $7,645 for the 2024–25 academic year.

https://www.insidehighered.com/news/government/2023/07/28/senate-looks-boost-pell-250-draft-budget