Doubling Down on Doubling the Pell Grant
As the nation rebuilds from the economic downturn brought on by COVID-19, current and incoming students will require additional financial support to help pay for college. One clear option is to double down on the one mechanism we already have in federal law designed to target funding to low-income students by doubling the maximum Pell Grant award available to students.Pell Grants are the foundation of our national investment in higher education, and they help pave the way for nearly 7 million low- and middle-income students to attend and complete college. However, the current maximum Pell Grant covers less than one-third of the cost of attending a four-year college. To boost the grant’s purchasing power and help make college an option for more students who are currently in crisis, Congress should invest in and protect the Pell Grant program.
More than 80 groups support doubling the Pell Grant
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Why the Pell Grant Matters
The Pell Grant program is the foundation of college aid for over 7 million students annually, including nearly 60 percent of Black students and nearly half of Hispanic students.
How the Pell Grant Makes College Affordable
Unlike student loans, Pell Grants do not have to be repaid, eliminating or significantly reducing college debt.
Who Benefits from Pell Grants ?
Most Pell Grant dollars go to students and families that make under $40,000 a year, a group currently facing a disproportionately high unemployment rate.
Strengthening the Pell Program
Congress must immediately act to double the maximum Pell Grant award and set the Pell Grant to automatically adjust for inflation each year.
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Speak Directly with Experts Working to Make this Happen
Center for American Progress
Excelencia in Education
Higher Learning Advocates
National College Attainment Network
The Education Trust
The Institute for College Access & Success (TICAS)