A Federal Pell Grant is a great way to receive funds toward your college education that do not need to be repaid. This is one of the reasons why it is important for students to fill out their FAFSA each year.
As students and families continue to financially recover from the lingering economic downturn, federal student aid remains key to providing access to higher education for low- and middle-income students.
The new federal measurements are not official yet and they are not perfect, but they are a start. We are on our way to capturing student success, in terms of graduation rates, in a more complete and fair manner.
Over the past 30 years, college tuition has grown at 4 times the rate of inflation. Now, with the current debt-ceiling talks, the maximum award would drop by 45 percent. Nearly 1.5 million students would lose their Pell Grants altogether.
These days, Sallie Mae doesn't seem to be focusing much on helping students find "the right student loan." Instead, the company is campaigning heavily against the Student Aid and Fiscal Responsibility Act.