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Financial Aid for Short-Term Job Training: New Pell Grant Rules.

This act expands Federal Pell Grant eligibility to include certain short-term job training programs. This means more individuals can receive financial assistance for courses that quickly prepare them for in-demand occupations, potentially easing their entry into the workforce and improving their financial well-being.
Key points
Extends Pell Grant eligibility to short-term training programs (8-15 weeks, 150-600 instructional hours).
Programs must lead to an employer-recognized credential or professional licensure.
Lowers the minimum Pell Grant award from 10% to 5% of the maximum, potentially benefiting more students.
Requires collaboration between educational institutions and employers to ensure programs meet workforce needs.
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Additional Information
JOBS Act of 2021
Print number: S 864
Sponsor: Sen. Kaine, Tim [D-VA]
Process start date: 2021-03-18