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Federal Pell Grant Program of the Higher Education Act: Primer. CRS Report R45418, Version 4. Updated

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Title: Federal Pell Grant Program of the Higher Education Act: Primer. CRS Report R45418, Version 4. Updated
Language: English
Authors: Dortch, Cassandria, Library of Congress, Congressional Research Service (CRS)
Source: Congressional Research Service. 2021.
Availability: Congressional Research Service. Web site: https://crsreports.congress.gov/
Peer Reviewed: N
Page Count: 43
Publication Date: 2021
Intended Audience: Policymakers
Document Type: Reports - Descriptive
Education Level: Higher Education
Postsecondary Education
Descriptors: Federal Aid, Grants, Paying for College, Federal Legislation, Higher Education, Educational Legislation, Educational Change, Undergraduate Students, Low Income Students, Eligibility, Program Budgeting, Program Costs
Laws, Policies and Program Identifiers: Pell Grant Program, Higher Education Act Title IV
Abstract: This report provides descriptions of key elements of the Pell Grant program and information on recipient demographics, award levels, award value, program costs, and program funding prior to the effective date of the Free Application for Federal Student Aid (FAFSA) Simplification Act (FSA). For information on key changes authorized by the FSA that go into effect for award year 2023-2024, see CRS Report R46909, "The FAFSA Simplification Act" (ED617513). The first section of this report addresses how the program works and describes the basic process for awarding Pell Grants including the application process, student eligibility requirements, award rules and calculations, and the role of the institution of higher education (IHE) in the process. The subsequent sections provide information on recipient characteristics and the role the program plays in relation to other student aid. The report explains the complex Pell Grant funding streams and their implications. Finally, program costs and estimates are presented. In addition, the appendices provide historical Pell Grant award amounts, Pell Grant recipient counts, recent and future program funding, surplus and shortfall levels, and acronyms commonly used in the report.
Abstractor: ERIC
Entry Date: 2022
Accession Number: ED617516
Database: ERIC
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  Data: This report provides descriptions of key elements of the Pell Grant program and information on recipient demographics, award levels, award value, program costs, and program funding prior to the effective date of the Free Application for Federal Student Aid (FAFSA) Simplification Act (FSA). For information on key changes authorized by the FSA that go into effect for award year 2023-2024, see CRS Report R46909, "The FAFSA Simplification Act" (ED617513). The first section of this report addresses how the program works and describes the basic process for awarding Pell Grants including the application process, student eligibility requirements, award rules and calculations, and the role of the institution of higher education (IHE) in the process. The subsequent sections provide information on recipient characteristics and the role the program plays in relation to other student aid. The report explains the complex Pell Grant funding streams and their implications. Finally, program costs and estimates are presented. In addition, the appendices provide historical Pell Grant award amounts, Pell Grant recipient counts, recent and future program funding, surplus and shortfall levels, and acronyms commonly used in the report.
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    Subjects:
      – SubjectFull: Federal Aid
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      – SubjectFull: Grants
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      – SubjectFull: Paying for College
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      – SubjectFull: Educational Change
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      – SubjectFull: Undergraduate Students
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      – SubjectFull: Low Income Students
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      – SubjectFull: Eligibility
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      – SubjectFull: Program Budgeting
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      – SubjectFull: Program Costs
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      – SubjectFull: Pell Grant Program
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      – SubjectFull: Higher Education Act Title IV
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