The Student Aid and Fiscal Responsibility Act
The recently approved Student Aid and Fiscal Responsibility Act will make college dramatically more affordable for millions of Americans at no new cost to taxpayers.
- Higher Pell Grant scholarship of $5,550 in 2010 and $6,900 in 2019.
About 6 million students received the Pell Grant scholarship in 2007-2008.
- Lower interest rates on need-based (subsidized) federal student loans.
Nationwide about 5.5 million students borrow these loans each year.
- More access to Perkins loan program by expanding it to every U.S. college campus.
Last year approximately 495,000 students received a Perkins Loan.
- Shorter, simpler FAFSA form that makes applying for financial aid easier.
In 2003-2004, over 1.5 million college students who likely were eligible to receive Pell Grants didn’t apply for financial aid because they found the FAFSA form too confusing.
- Better Opportunities to Prepare for Good Jobs
- Financial Aid Programs That Are Worry-Free and Operate In Your Best Interest
The People’s Place | The Anita Estell Blog
www.anitaestellblog.com
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- The Federal FY’11 Budget: And the Focus on Women and Girls
- The President’s submission of the Fiscal Year 2011 budget signals that “they are out of the gates!”
- Embedded Within Healthcare Reform: Making College More Affordable, More Diverse
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