March 7, 2008
Thousands Could Lose Out on Larger Pell Grants
Thousands of students who received Pell Grants last year may be denied them this year, a new analysis suggests. But students who continue to receive the grants will see their awards increase substantially.
The analysis, by Mark Kantrowitz, publisher of FinAid, a Web site about student aid, estimates that the $69 cut in the maximum Pell Grant contained in a 2008 spending bill will result in about 100,000 students with incomes close to the cutoff losing their eligibility for the grants.
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