Word: pell
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Dates: during 2000-2009
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...used to be the case that Pell Grants covered 75 percent of the average tuition, and now it covers a third,” Perlstein said. “People are suffering a great deal more economic anxiety in this ‘you’re all on your own’ political culture.” It only follows that students would be less inclined to take the risks and make the less vocationally-concerned choices that previous generations were...
...primary reason for this, and the primary reason for the exponential increases in tuition and fees, is that federal and state funding of higher education has slowly dwindled over time. For example, twenty years ago federal Pell grants would cover a majority of costs at a four-year public institution. Now, at the maximum level allowed by law, a yearly Pell grant could cover about one third of a year’s costs at the same institution. Likewise state funding has dropped significantly. State funding covered about half of the cost of tuition in 1980; as of 2000 that...
...students applying to higher education institutions by simplifying the application form and formula for calculating federal financial aid. The Free Application for Federal Student Aid (FAFSA) is a standard form that many college- and university-bound students fill out to apply for federal financial aid and tuition assistance, including Pell Grants. The 2005-2006 FAFSA is a five-page form that includes 127 questions embedded within seven different steps, which assesses students’ abilities to afford college. Associate Professor of Public Policy Susan M. Dynarski ’87 and Judith E. Scott-Clayton, a Kennedy School student, constructed...
...According to Donahue, close to 50 percent of Harvard students receive need-based scholarships of over $31,000. Seven hundred undergraduates are also Pell Grant recipients. [SEE CORRECTION BELOW...
...January, the House of Representatives voted to increase Pell Grants—the largest need-based financial aid program in the country—to $4,600. Kennedy’s proposal calls for Congress to increase the maximum...