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Doubling Pell Grants and Expanding Federal Student Financial Aid Eligibility.

This Act significantly increases the maximum Federal Pell Grant award, aiming to double its value by 2030, and ensures the program's funding is mandatory and inflation-adjusted. It expands access to financial aid for the lowest-income students, restores eligibility for up to 18 semesters of study, and reforms academic progress rules to make it easier for students to return to college after a break. These changes are designed to make higher education more accessible and affordable for millions of citizens.
Key points
The maximum Pell Grant award will increase incrementally to $14,000 by the 2030/2031 award year and will be adjusted annually for inflation thereafter.
Total eligibility for the grant is restored from 12 semesters to 18 semesters, providing students with more time to complete their education.
Eligibility for federal financial aid is extended to "Dreamer students" who meet specific educational or service requirements.
Students who fail to meet academic progress standards can have their eligibility "reset" if they leave school for two years, allowing them to re-enroll and regain aid.
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Additional Information
Print number: 118_S_4595
Sponsor: Sen. Hirono, Mazie K. [D-HI]
Process start date: 2024-06-20
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OFFICIAL LEGAL TITLE

Pell Grant Preservation and Expansion Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_4595.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2024-06-20.

What are the main provisions?

Key points include:

  • The maximum Pell Grant award will increase incrementally to $14,000 by the 2030/2031 award year and will be adjusted annually for inflation thereafter.
  • Total eligibility for the grant is restored from 12 semesters to 18 semesters, providing students with more time to complete their education.
  • Eligibility for federal financial aid is extended to "Dreamer students" who meet specific educational or service requirements.
  • Students who fail to meet academic progress standards can have their eligibility "reset" if they leave school for two years, allowing them to re-enroll and regain aid.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Hirono, Mazie K. [D-HI].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-30.

CATEGORIES

Education Benefits Migration