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Yet, it goes further by curbing access to the largest federal grant program for low- and middle-income students: Pell Grants ... repayment options for student loans, the GOP bill would whittle ...
The student ... loans over 10 years, while those with $25,000 to $50,000 in loans would have 15 years of repayments, according to the proposed bill. Under the Republican plan, the Pell grant ...
House Republicans unveiled a massive draft budget bill on Monday that would reshape how American students pay for college, including a massive student loan overhaul and raising Pell Grant ...
New Pell restrictions. Those are among the major changes that could be coming to the federal student lending program ... make small payments toward their loans, and they would have a narrower ...
It would reduce undergraduate students' eligibility for traditional Pell Grants and penalize some ... contributed to a lot of the anger about student loans," he said. "The new repayment plan ...
More than 40 million Americans hold federal student loan debt, per Education Data Initiative. For some, repayment of those loans ... Pell Grants and more. One of the proposed changes targets Pell ...
in order to qualify for federal student loans, along with other aid, like the need-based Pell Grant and work-study. Eliza Haverstock is a lead writer on NerdWallet's student loan team covering ...
including a database that houses student loan information, and another that handles the origination and disbursement of loans, and the Pell Grant for undergraduates with exceptional financial need.
If new proposals from the Republicans stand, the changes could make borrowing for college more expensive and limit who can get a Pell Grant ... options for student loans, the GOP bill would ...