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General Category => General Discussion => Topic started by: TheViper on February 13, 2011, 05:42:52 PM

Title: AP Source: Obama to seek changes in Pell Grants
Post by: TheViper on February 13, 2011, 05:42:52 PM
WASHINGTON – President Barack Obama's budget plan would cut $100 billion from Pell Grants and other higher education programs over a decade through belt-tightening and use the savings to keep the maximum college financial aid award at $5,550, an administration official said.

Nearly $90 billion of the projected savings would be achieved through two changes, said the official, who spoke on condition of anonymity ahead of Monday's release of Obama's 2012 budget. The spending plan applies to the budget year that begins Oct. 1.

http://news.yahoo.com/s/ap/20110213/ap_on_re_us/us_obama_pell_grants