Students cannot afford any further Pell Grant reductions; this year's $5,635 maximum Pell Grant covers less than one-third of the cost of college—the lowest since the start of the program. The Pell Grant program faces a funding gap beginning in fiscal year 2015.
Students cannot afford any further Pell Grant reductions; this year's $5,635 maximum Pell Grant covers less than one-third of the cost of college—the lowest since the start of the program. The Pell Grant program faces a funding gap beginning in fiscal year 2015.