Word: pells
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This bill's most tangible effect for undergraduates across the country will most likely be a $125 increase in the maximum Pell Grant a student can receive--from $3,000 to $3,125, effective next fall. The amount is a compromise between Senate and House bills passed this summer...
...Pell Grants are essentially federal scholarships--government money given to needy undergraduates that does not have to be paid back. About 700 Harvard students received some amount of Pell Grant money last year, according to the Financial Aid office, adding up to about $1 million of Harvard's $41 million grant budget...
Still more money will be thrown at the nation's college students. The maximum award provided by the federal Pell Grant program will jump from $3,000 this year to $4,500 next. In five years, increases will bring that maximum...
...increase in the maximum authorized amount of money available in Federal Pell Grants, from $3,000 this year to $4,500 in 1999-2000, and increasing annually after that. By the final year of the bill, a student could receive as much as $5,800 in Pell Grants. However, Congress has not yet authorized funding for future Pell Grants...
...signed into law, the Higher Education Act will increase Pell grants from $2,000 to $5,000 for the 1999-2000 school year. Grants would continue to increase until...