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Pell Grant Increase: Financial Aid for Students Adjusted for Inflation

This act aims to increase the value of Federal Pell Grants to keep pace with rising education costs. This will give lower-income students a better chance to cover their tuition expenses, making higher education more accessible. The grant value will be automatically adjusted for inflation, ensuring its stability in the future.
Key points
Pell Grant values will automatically increase with inflation, meaning their purchasing power will not decline.
Lower-income students will receive greater financial support to cover college costs, potentially reducing their debt.
The changes aim to restore Pell Grants to their original role in covering a significant portion of education expenses.
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Introduced
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Additional Information
Print number: 119_HR_1666
Sponsor: Rep. Casten, Sean [D-IL-6]
Process start date: 2025-02-27