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Increased Pell Grants: More Financial Aid for Students from 2026

This act increases the maximum Federal Pell Grant amount, providing more financial support for students. Starting from the 2026-2027 academic year, students could receive up to $14,800, with subsequent years seeing adjustments for inflation. This aims to improve access to higher education and reduce student debt.
Key points
Maximum Pell Grant increased to $14,800 for the 2026-2027 and 2027-2028 award years.
Starting from the 2028-2029 award year, the grant amount will be annually adjusted for inflation (Consumer Price Index).
Changes take effect on July 1, 2026, applying to all subsequent award years, offering greater financial assistance to students.
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Introduced
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Additional Information
Print number: 119_HR_5675
Sponsor: Rep. Carbajal, Salud O. [D-CA-24]
Process start date: 2025-10-03