Nearly 75% of all undergraduates receive some type of financial aid, according to the National Center for Education Statistics. About 40% of college students rely on Pell Grants, a type of federal aid ...

Text Callout : Key Takeaways – What Could Happen if Pell Grant Funds Get Reduced The Pell Grant program – which awards aid to undergraduate students who demonstrate exceptional financial need – is ...

The federal Pell Grant program faces a looming $2.7 million budget shortfall, according to a January report from the Congressional Budget Office. Established in 1972, the Pell Grant gives ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. miniseries/Getty Image The "One Big ...

For these students and their families, this aid is crucial for college access. However, there's a problem brewing. The Congressional Budget Office in January released new supplemental projections for ...

College advocates breathed a sigh of relief when the U.S. Department of Education said the Trump Administration’s “federal funding freeze” would not affect federal Pell Grants and student loans.

New projections for the federal Pell Grant program now estimate a $2.7 billion funding shortfall later this year. About 40% of college students rely on Pell Grants, a type of aid available to ...