The bill would raise the maximum Federal Pell Grant amount to $14,800 for award years 2026–2027 and 2027–2028, minus the maximum grant amount set in the latest applicable appropriation law. Starting in 2028–2029, the $14,800 figure would be adjusted annually for estimated consumer price changes, then reduced by the maximum grant amount set in the latest applicable appropriation law. The changes would take effect July 1, 2026.
If you receive a Pell Grant, the bill would change how the maximum award amount is calculated. It does not specify the grant amount any individual student would receive.
The bill text does not provide a cost estimate or state how the changes would be funded.
No publicly available information.
No publicly available information.