Pell Grants May Receive Less Funding
There have been some budget cuts proposed for the 2012 Department of Education by President Obama. Under these budget cuts, $100 billion would be taken from the Federal Pell Grant program along with other programs for higher education.
Currently, over nine million students classified as low income receive grant benefits from the Pell Grant Program. With the budget cuts, students will still be able to receive the current maximum of $5,550 per academic year. All students that qualify for Federal Pell Grants do so through the Free Application for Federal Student Aid or the FAFSA. If a student’s family income information indicates, they may qualify for a Federal Pell Grant. With the new budget there is a possibility of the criteria being changed to be more stringent. This would mean that some students who previously received grants may no longer be eligible.
The incoming freshman class of 2012 is ready to start college! And among their ranks is my personal favorite freshman- my little sister Samantha, who’s starting college this very week at St. Mary’s College in Maryland. You go girl!