Pell Grant Increase Approved by Senate Panel
On Tuesday, a Senate panel approved a budget that would increase, among other things, the Pell Grant funding for the 2009 school year. Currently, students who demonstrate financial need—as determined by a Department of Education’s FAFSA calculation—can receive no more than $4,300 in Pell Grant money, but not all eligible students receive the full sum. For the upcoming year, the Pell Grant cap will be $4,731. If the Senate panel’s budget is approved by the Senate Appropriations Committee and
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