ERIC Number: ED501237
Record Type: Non-Journal
Publication Date: 2008-Feb
Window of Opportunity: Targeting Federal Grant Aid to Students with the Lowest Incomes
Institute for Higher Education Policy
This report discusses the ability of specific policy options in strengthening the Pell Grant program to meet the significant financial needs of low-income students. These policy options include: (1) raising the appropriated maximum Pell Grant award; (2) raising both the minimum and appropriated maximum Pell Grant awards; and (3) adjusting federal need analysis to allow for a negative expected family contribution (EFC). (Contains 10 figures.) [Alisa F. Cunningham, Wendy Erisman, and Jamie P. Merisotis contributed to this report.]
Descriptors: Financial Needs, Federal Aid, Student Needs, Student Financial Aid, Grants, Low Income Groups, Need Analysis (Student Financial Aid), Paying for College, Parent Financial Contribution, Family Income, Student Characteristics
Institute for Higher Education Policy. 1320 19th Street NW Suite 400, Washington, DC 20036. Tel: 202-861-8223; Fax: 202-861-9307; e-mail: email@example.com; Web site: http://www.ihep.org
Publication Type: Reports - Descriptive
Education Level: Higher Education
Sponsor: Lumina Foundation for Education, Indianapolis, IN.
Authoring Institution: Institute for Higher Education Policy, Washington, DC.; American Association of State Colleges and Universities, Washington, DC.