What’s Next for the Pell Grant?

November 16, 2012

It’s been a nail-biting few years for Pell Grant advocates, as Congressional budget crisis after Congressional budget crisis raised the specter of deep cuts to the major federal financial aid program for low-income students. But the next 18 months for the program may be among the most difficult yet. The Pell Grant is safefrom the “fiscal cliff” -- the combination of scheduled tax increases that go into effect in January, and mandatory spending cuts that take effect if Congress does not reach a long-term debt deal. But the 113th Congress, which takes office in January, will have to confront two other financial aid funding crunches in the next year and a half.

Article Source: Inside Higher Ed