Word: granting
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...needy student who also has very high merit, there are other sources of aid in addition to the Pell Grant,” Hoxby said...
...Pell Grant program currently operates with a $4.3 billion deficit due to an increase in demand for the grants, and according to a White House fact sheet, “the current student loan programs do not make loans available to students in a cost-effective manner,” and benefits are often provided too much to those not attending school and not enough to those students enrolled...
Congress recently altered the formula used to calculate the federal financial aid required for each student, a change which will likely take 80,000 to 90,000 students off the Pell Grant list...
...president’s latest idea is approved, the Pell Grant program will operate as an entitlement program, like Medicare or Social Security, where the maximum amount each year per person will be increased by $100 automatically, and will not be dictated by Congressional appropriators...
Herbert C. “Clay” Pell ‘05, the grandson of former Senator Claiborne A. Pell, whose sub-committee enacted Pell Grant program in 1972, characterized the proposed changes as “a beginning...