Federal budget proposal would increase Pell Grant maximum, cut federal deficit
“Biden promised an increase in the Pell Grant during his State of the Union address, and the budget proposes a $2,175 increase in the Pell Grant maximum for the 2023-2024 award year, which would bring the maximum to $8,670. The Biden administration also plans to double the size of the Pell Grant by 2029, according to the budget proposal.
Emily Penner, an assistant professor of education at UC Irvine, said many students in California and other states are currently working multiple jobs to afford an education while supporting family members at the same time. This places high expectations on students to manage the financial pressure and academic rigor of their education, she said….”