article thumbnail

Biden Budget Proposes Pell Grant Increase, More Money for HBCUs

BestColleges

President Joe Biden's proposal calls on Congress to increase the maximum Pell Grant award by $750. That Pell Grant increase would not apply to students attending for-profit institutions. Biden's proposal includes two years of tuition-free learning for some students at minority-serving institutions.

Grants 52
article thumbnail

Senate Proposes Moderate Pell Grant Increase, Other Higher Ed Investments

BestColleges

The Senate's first draft includes substantial funding to improve infrastructure at HBCUs and other minority-serving institutions. It also includes an increase to the maximum Pell Grant well below what President Joe Biden proposed in March. Maximum Pell Grant Increase. The race is on to get a budget passed soon.

Grants 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

Biden’s 2024 Budget Includes Pell Grant Increase, Student Success Program Funding

BestColleges

Biden recommitted to doubling the Pell Grant by 2029 in his latest budget proposal. His plan includes subsidized tuition for students under an earnings threshold to study at a minority-serving institution (MSI). To lay the groundwork for this program, the budget calls for $500 million to establish a new discretionary grant program.

Grants 52
article thumbnail

These Colleges Were Just Awarded Grants to Boost Student Success Rates

BestColleges

The Department of Education (ED) revealed a list of 38 colleges and universities set to receive funds from grant programs to improve outcomes for underrepresented students. Approximately $30 million in grants will be distributed to public state schools, private institutions, and community colleges. ED made 15 awards worth over $8.5

Grants 52
article thumbnail

Nearly $19M in Grants Awarded to 12 Colleges to Address Teacher Shortage

BestColleges

The federal government awarded a dozen minority-serving institutions (MSIs) $18.8 Additionally, the current makeup of teachers does not reflect the diversity of students. The Augustus F. Hawkins Centers of Excellence Program aims to bridge that divide. million to both diversify the teaching pool and address the teaching shortage.

Grants 52
article thumbnail

New Study Suggests Elite Colleges Should Reinstate SAT/ACT

BestColleges

New evidence, however, suggests they might want to rethink their policies. MIT says its policy change promotes opportunity and inclusion and isn't simply a tool for weeding out applicants who fall short of their lofty quantitative standards. We believe a requirement is more equitable and transparent than a test-optional policy."

ACT 105
article thumbnail

Higher Ed Experts Foresee Enrollment Decline Due to Botched FAFSA Rollout

BestColleges

Low-income students and those from minority backgrounds will likely be the most affected. Declines are even more pronounced for students coming from low-income or high-minority schools. High-minority school 32.2% -33.3% Low-minority school 38.6% -23.1%