Biden Budget Proposes Pell Grant Increase, More Money for HBCUs

By Matthew Arrojas President Joe Biden is pushing for continued investment in college affordability and access, but to a lesser extent than in past years. Biden released his budget proposal for fiscal year 2025 on Monday. While his higher education priorities like college affordability and support for minority-serving institutions (MSIs) seemingly remain unchanged from past years, his budget notably dials back the sticker price of many of his priorities. He requested a $750 increase to the maximum Pell Grant, which would bring the maximum award to $8,145 annually. For reference, he called for a $820 increase in his fiscal year 2024 budget proposal. The post Biden Budget Proposes Pell Grant Increase, More Money for HBCUs appeared first on HBCU News.

Biden Budget Proposes Pell Grant Increase, More Money for HBCUs

By Matthew Arrojas President Joe Biden is pushing for continued investment in college affordability and access, but to a lesser extent than in past years. Biden released his budget proposal for fiscal year 2025 on Monday. While his higher education priorities like college affordability and support for minority-serving institutions (MSIs) seemingly remain unchanged from past years, his budget notably dials back the sticker price of many of his priorities. He requested a $750 increase to the maximum Pell Grant, which would bring the maximum award to $8,145 annually. For reference, he called for a $820 increase in his fiscal year 2024 budget proposal.

The post Biden Budget Proposes Pell Grant Increase, More Money for HBCUs appeared first on HBCU News.