Increase Investments in Pell Grants and Other Financial Aid
- Published By
- Well Being In the Nation Network
Pell Grants currently give money to 8 million low-income college students. Pell Grants are loans that do not need to be paid back. Pell Grants boost college enrollment, decrease drop-out rates, and improve student outcomes. However, Pell Grants cover just 29% of the average costs of tuition, fees, room, and board at public four-year colleges. This is the lowest level in more than 40 years. Increased investments in Pell Grants and other types of financial aid would help more students afford college.