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Wednesday, September 5, 2012
There’s no doubt that the ‘Ryan budget,’ the fiscal year 2013 budget resolution passed by the House, would severely diminish Pell grants. It would lower the income level at which students qualify for an automatic maximum grant, create a maximum income to be eligible for a grant, reduce the amount of income a student or family can keep to cover minimal living expenses before being expected to contribute toward college costs, freeze the maximum grant at the fiscal year 2012 level of $5,550, and make students attending school less than half-time ineligible for grants. How Might Pell Grants Fare Under Obama and Romney?

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