New Boost for Student Aid and Research

March 22, 2018
  • Industry News
  • pell grant
  • Public Service Loan Forgiveness program

A massive spending bill agreed to by congressional negotiators Wednesday raises the maximum Pell Grant by $175, includes an additional $3 billion for the National Institutes of Health as well as increased funds for the National Science Foundation, and provides $152.8 million for the National Endowment for the Humanities, which President Trump had sought to eliminate.

It also includes about $350 million in funding to address eligibility for the Public Service Loan Forgiveness program, a top priority for Senator Elizabeth Warren throughout negotiations to fund the government through the rest of the 2018 fiscal year. That amount is a fraction of what the Massachusetts Democrat had hoped to see in a final spending package. But it’s part of a slate of new funding for college affordability and education programs in the $1.3 trillion omnibus bill, which lawmakers from the House and Senate must pass quickly to avoid another government shutdown Friday night.

Read more at Inside Higher Ed: https://www.insidehighered.com/news/2018/03/22/omnibus-spending-package-boosts-student-aid-while-restricting-devos-priorities