Word: maximum
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Pell Grants in particular have so far been spared. In fact, both the House and the Senate passed bills raising the maximum grant by $100, from $2,340 to $2,440. That increase represents the largest per-student increase in history, according to spokesperson for Rep. Bop Livingston (R-La.), chair of the House Appropriations Committee...
...student who borrows $17,125, in subsidized loans the maximum allowable over four years--would see an increase of $1,426, according to White House calculations...
Meanwhile, a student not supported by his or her parents who borrowed the maximum of $35,125 over four years would see an increase in loans costs of $3,100, according to the study...
...graduate student who borrows the maximum of $34,000 in subsidized loans would see a cost increase of $9,400, according to the White House...
...beyond the common minimum standard, the index treats each school differently. It specifies that the schools are held to admissions standard based on the academic level of the rest of the student body. The way the system works is that each school faces three levels of scores, with a maximum of 10 allowed from the lower band and 15 from the middle one (though the specific formulas get more complex). The numbers corresponding to the bands differ with the school, so Penn and Cornell are given more leeway in recruiting than Harvard or Yale...