2008 Woodie Awards
Bush proposes grant increase
Mark Oldenhoff
Issue date: 3/1/07 Section: News
- Page 1 of 1
President George W Bush's projected budget for 2008 includes an increase in the maximum amount received by the Federal Pell Grant by $500.
This would affect all college students, including those attending Lakeland College. The grant helps to cover your total college expenses in a given year.
The Pell Grant is a form of federal aid that goes on a need basis. This is determined by the information filled out in your Free Application for Federal Student Aid (FAFSA) which you fill out the spring of each year.
The current maximum award for the grant is $4,050, which could be raised to $4,600 in Bush's proposal. This proposal was also met by Democrats to immediately raise the maximum amount to $5,100; this proposal is currently in the Senate.
The suggested raise was brought on by the skyrocketing prices of college tuition in the past decade. In recent studies, the maximum award could only cover one fourth of a year of a four year college. The grant increase is supposed to draw more students to college by making it more affordable.
These proposals seem ideal, and in fact, would help many who are struggling to pay for college. With the budget and costs of the War in Iraq rising, it is unsure as to where this extra funding will come from.
This would affect all college students, including those attending Lakeland College. The grant helps to cover your total college expenses in a given year.
The Pell Grant is a form of federal aid that goes on a need basis. This is determined by the information filled out in your Free Application for Federal Student Aid (FAFSA) which you fill out the spring of each year.
The current maximum award for the grant is $4,050, which could be raised to $4,600 in Bush's proposal. This proposal was also met by Democrats to immediately raise the maximum amount to $5,100; this proposal is currently in the Senate.
The suggested raise was brought on by the skyrocketing prices of college tuition in the past decade. In recent studies, the maximum award could only cover one fourth of a year of a four year college. The grant increase is supposed to draw more students to college by making it more affordable.
These proposals seem ideal, and in fact, would help many who are struggling to pay for college. With the budget and costs of the War in Iraq rising, it is unsure as to where this extra funding will come from.
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