The Pell Grant program is facing a funding gap. Cuts to the program would likely put college out of reach for many low-income ...
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 ...
Current estimates show that the federal Pell Grant program will have a $2.7 billion funding shortfall later this year.
There’s a looming problem for students receiving federal Pell Grants: funds are running low as more students qualify.
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.
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 ...
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