Remove Grants Remove Loans Remove Policies Remove Tuition
article thumbnail

Republican Proposal Would Double Pell Grants, Set Student Loan Caps

BestColleges

The proposal would double the maximum Pell Grant, but only for students in their third and fourth years of college. It aims to overhaul the federal student loan system by removing the Parent PLUS and Grad PLUS loan programs. Foxx framed the legislation as an answer to the student loan debt crisis.

Loans 52
article thumbnail

Part 2: No-Loan Colleges: Middle Class Families CAN Go to College for Free!

SSA Online College Prep

Comprehensive, updated (May 2023) list of no-loan colleges. 5500 is the loan cap most college access advisors recommend. Not all colleges include loans in your financial aid package. See a sample financial aid letter for a no-loan college ! See a sample financial aid letter for a no-loan college for an EFC of $0 !

Loans 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fundamentals of Financial Aid for 2024

Admissions.Blog

Students with significant financial need may receive need-based aid in the form of grants, scholarships, work-study programs, and subsidized loans. Grants and scholarships do not need to be repaid, making them a form of “gift aid.” Merit-based aid is often provided in the form of scholarships and grants.

article thumbnail

Maximum Pell Grant Amount

BestColleges

The maximum Pell Grant amount a student can receive is $6,895. [1]. Last year, the average Pell Grant amount was $4,130. [2]. When you account for inflation, the average Pell Grant amount decreased by about 4% between 2011 and 2021. But, Pell Grant recipients also accrue more student loan debt. [7]. Check Circle.

Grants 52
article thumbnail

Unequal Distribution

Admitted

Financial aid discussions have centered on simplifying FAFSA and increasing federal Pell Grants – all important – but federal student aid policies are only one funding source for families trying to determine how to pay for college. However, the reality is these institutional grants are not fairly distributed.

article thumbnail

Public Offers Suggestions for a New Student Loan Forgiveness Plan

BestColleges

Supreme Court struck down President Joe Biden's original student loan forgiveness plan June 30. President Joe Biden's administration took the first step in its new federal student loan debt forgiveness plan Tuesday. I want you all to know that … we are not going to stop fighting for student loan borrowers," Kvaal said. "We

Loans 52
article thumbnail

These Higher Ed Policy Issues Will Define 2023

BestColleges

Two Supreme Court decisions involving affirmative action and student loan debt forgiveness are sure to capture headlines. Here are policy discussions that will impact higher education in 2023. Student Loan Debt Cancellation Arguments Ongoing Don't expect the noise surrounding federal student loan debt to die down anytime soon.