<p>My husband and I are obviously independent students and the Pell Grant news comes as quite a shock. I wonder does the below $23,000 income apply to both dependent and independent. That’s an insanely low income for a family (especially if the student has children). Also, people who received X amount of money previously, under the new guidelines would they now receive less (assuming they are even still eligible).</p>
<p>It’s not like the cost of living has gone down, so why they’d lower the income bracket just seems crazy to me!</p>