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A Pell Grant is a subsidy the U.S. federal government provides for students who need it to pay for college. Federal Pell Grants are limited to students with exceptional financial need, who have not earned their first bachelor's degree , or who are enrolled in certain post-baccalaureate programs, through participating institutions.
The Pell Grant is a form of need-based federal financial aid that typically does not have to be repaid, which makes it highly desirable. It is awarded by the U.S. Department of Education to help ...
Pell Grant, subsidized, and unsubsidized loans led to increases of about 40, 60, and 15 cents on the dollar, respectively. In the 20 years between 1987 and 2007, tuition costs rose 326%. [121] Public universities increased their fees by 27% over the five years ending in 2012, or 20% adjusted for inflation.
The White House said Pell Grant recipients would receive twice as much loan forgiveness as other low- and moderate-income borrowers. Do you qualify? Check the Federal Student Aid website.
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In addition to increasing the maximum Pell Grant award and reducing interest rates on subsidized student loans, a new "income-based repayment" option capped loan repayment at 15% of an individual's discretionary income, while a Public Service Loan Forgiveness promised that some borrowers could forgive student loan balances after ten years of ...
I vote for "Pell Grant" since it refers to a Federal program name and these names are usually capitalized. Thus, a "Pell Grant" is short-hand for a "grant dispensed through the Federal Pell Grant program". Also, doing a quick Google search on the term finds this is the predominant usage (not to mention the usage used on the actual Federal site).
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