Pell Grants

DAVIS COAUTHORS LEGISLATION TO SECURE PELL GRANT PROGRAM AND MAKE COLLEGE MORE AFFORDABLE FOR LOW-INCOME STUDENTS

 

President has called for shifting money out of Pell Grants to fund other non-educational programs

By Miriam Raftery

May 21, 2017 (San Diego) — Congresswoman Susan Davis (D-San Diego) along with three other legislators has introduced the Pell Grant Preservation and Expansion Act to help students offset rising costs of college by permanently indexing Pell Grants to inflation. The bill also makes Pell Grant funding mandatory, providing students with security and stability, raises the maximum award for low-income students, and restores eligibility for students who were defrauded.


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MEASURE SIGNED BY PRESIDENT INCREASES COLLEGE ACCESS & AFFORDABILITY

  

Raises Pell Grants, eases loan repayments, & funds community colleges

Changes paid for by eliminating $68 billion in fees to banks

 

By Miriam Raftery

April 3, 2010 (San Diego’s East County) – Most Americans don’t realize that the Health Care and Education Reconciliation Act signed into law on March 30th by President Barack Obama affects more than the health care industry.  It also brings sweeping change to the federal student loan program. Obama termed this “one of the most significant investments in higher education since the G.I. Bill.”

Under the new law, the federal government will stop paying fees to private banks to act as middlemen on loans to students. The measure will save the U.S. government nearly $68 million over the next 11 years—money that will be invested in more Pell Grants made directly to students.  The new law will also make it easier for students to repay loans after graduating. In addition, $2 billion will be invested in community colleges for education and career training programs.


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Support community news in the public interest! As nonprofit news, we rely on donations from the public to fund our reporting -- not special interests. Please donate to sustain East County Magazine's local reporting and/or wildfire alerts at https://www.eastcountymedia.org/donate to help us keep people safe and informed across our region.