Posted on 01/19/2016 5:54:22 PM PST by Olog-hai
The Obama administration wants to expand the federal Pell grant program to help more students graduate from college - by providing them with money to attend classes year-round and reward them for taking more credits.
Two new proposals, announced Tuesday by the Education Department, would expand the $29 billion program by $2 billion in the new fiscal year. They'll be part of President Barack Obama's budget proposal next month.
One proposal, called the Pell for Accelerated Completion, would help low-income students earn Pell money for a third semester in an academic year - letting them take classes over the summer. Many full-time students exhaust their annual eligibility after two semesters. The other, the On-Track Pell Bonus, would give a $300 reward to students taking at least 15 credits per semester in an academic year. ...
(Excerpt) Read more at hosted.ap.org ...
Next he’ll call for the forgiving of past student’s $1.3T in loans outstanding!-)
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