College Students Could Lose Funding Aid Amid $2.7 Billion Shortfall
Current estimates show that the federal Pell Grant program will have a $2.7 billion funding shortfall later this year.
Committee for a Responsible Federal Budget9d
Pell Grant Program Is In Serious Trouble
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 ...
A $2.7B Deficit Could Impact Students Who Receive Pell Grants
There’s a looming problem for students receiving federal Pell Grants: funds are running low as more students qualify.
Click2Houston4d
Pell Grant program faces $2.7B budget shortfall
A $2.7 billion shortfall threatens the Pell Grant program that helps millions of low-income students afford college. If Congress doesn’t step in, eligibility and grant amounts could be reduced ...
NBC New York6d
Looming $2.7 billion Pell Grant shortfall poses a new threat for college aid
The new, simplified FAFSA, which first launched in 2023, was meant to improve access by expanding Pell Grant eligibility to provide more financial support to low- and middle-income families.
Looming $2.7 billion Pell Grant shortfall poses a new threat for college aid
New projections for the federal Pell Grant program now estimate a $2.7 billion funding shortfall later this year.  About 40% of college students rely on Pell Grants, a type of aid available to ...