Good news for all you college students looking to finance your education. The Obama administration is proposing a $140 Pell grant increase. Not only that but they are also proposing more work study funds. This totals to about a $71 million increase. The main goal of this budget proposal is to make sure less financially stable students have the same opportunities as their counterparts. All the latest grants for college news here.
Work study funding will increase an additional $150 million to provide more opportunities for on the job experience.
- Pell Grants increase from $5,646 to $5,785
- Work Study increase to $1.12 billion