Congress was working late into the night on Thursday to discuss H.R. 3671, which would preserve the maximum Pell Grant at $5,550, but alter the eligibility criteria. Currently, there are 9 million individuals who benefit from the Pell Grant, and, with the new eligibility criteria, about 100,000 fewer individuals would qualify. Additional changes include offering the Pell Grant for 12 semesters instead of 18, taking effect July 1, 2012 if passed. All other Department of Education programs would undergo a 0.189 percent cut including Federal Work Study Programs and the Supplemental Educational Opportunity Grant (SEOG), however the Pell Grant would not be affected.
The post is based on an article that appeared on InsideHigherEd.com.
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