Word: aid
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Dates: during 1980-1989
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...Senate, in direct opposition to President Reagan's proposed budget cuts, yesterday approved legislation that will extend the current budget for college financial aid by increasing funding for federal grants and loans...
...legislation raises the monetary amounts allotted to Pell Grants and Guaranteed Student Loans (GSL) available to eligible students while tightening the requirements needed to qualify for federal financial aid...
...Higher Education Act, extended for another five years, sets aside $9.4 billion for higher education programs in fiscal 1986. Ninety-five percent of this amount goes toward loans and grants for student aid. The remaining 5 percent will fund grants for universities with specific improvement projects, such as library renovations...
...Congress' legislation for student-aid financing "underscores Harvard's continuing need-blind admission," said John Shattuck, vice president for government and community affairs. It will "guarantee Harvard's middle-income students Guaranteed Student Loans and lower-income students Pell Grants," he said...
Currently, two-thirds of the Harvard student body receives financial aid. This amounts to 2751 students who receive GSLs and 680 who receive Pell Grants...