Obama to seek changes in Pell Grants

<p>I’m just starting back to school, this has me worried.</p>

<p>Just bringing this thread back to life to update with the news that the House bill H.R. 1passed (235-119) last week which would cut the base amount of Pell for 2011-12 by $845. Full text (in gobbledygook, of course) can be found here, at page 302:</p>

<p><a href=“http://www.gpo.gov/fdsys/pkg/BILLS-112hr1eh/pdf/BILLS-112hr1eh.pdf[/url]”>http://www.gpo.gov/fdsys/pkg/BILLS-112hr1eh/pdf/BILLS-112hr1eh.pdf&lt;/a&gt;&lt;/p&gt;

<p>Hopefully the Senate will restore some of that funding…it’s scary that they’re also eliminating so much from health education programs.</p>

<p>Here is a more readable summary:
[House</a> Votes to Cut Higher-Education Spending, Delay ‘Gainful Employment’ Rule - Government - The Chronicle of Higher Education](<a href=“http://chronicle.com/article/House-Votes-to-Cut/126456/]House”>http://chronicle.com/article/House-Votes-to-Cut/126456/)</p>

<p>It looks like the maximum Pell would be cut to $4015, plus the additional $690 that was added for 11/12 under the CCRA, so the total max would go from $5550 to $4705 if it survives the Senate unchanged.</p>

<p>So I guess this make things tougher for us 0 EFCers? I still got three more years of undergrad and I’m trying to minimize my loan debt as much as possible… but it’s a bit difficult when your family is not made of money. There’s a chance I may be commuting too, which, as inconvenient as it may be, would at least save me a lot of money.</p>