Education Access Report Entire Site  

June 20, 2006

 

Debt-Management Perspectives

  

USA Funds Honors Debt-Management Excellence

 

Washington Report

  

President Signs Bill Repealing Single-Holder Rule

  

House Panel Recommends $100 Increase in Maximum Pell Grant

  

Bill Would Extend Higher Education Act Until Sept. 30

 

Tech Talk

  

OpenNet Web Loan Delivery Adjusts Lender Administration Setup

 

USA Funds Update

  

USA Funds-Sponsored Program Helps Put Former Low-Achieving Students on Path to College

  

Profiles in Superior Customer Service: ‘A Critical Resource’

 

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House Panel Recommends $100 Increase in Maximum Pell Grant

The U.S. House Appropriations Committee has approved a fiscal-2007 appropriations bill that recommends a $100 increase in the maximum Pell Grant, the first such increase since 2003. The maximum Pell-Grant award would rise to $4,150. The panel recommends overall Pell-Grant funding of just over $13 billion for the fiscal year that begins Oct. 1, 2006.

The panel also recommended maintaining funding for several other key student-aid and access  programs — Supplemental Educational Opportunity Grants, Federal Work/Study, Perkins-loan cancellation, Leveraging Educational Assistance Partnerships, Federal TRIO programs and GEAR UP — at the current year’s levels.

The committee also rejected an administration budget proposal to begin a phaseout of the Perkins-loan program by recalling $664 million in the federal portion of Perkins-loan collections received during the year.

The committee’s recommendations — included in a $142-billion appropriations bill that covers discretionary funding for the federal departments of Labor, Health and Human Services, and Education — now move to the full House for consideration.