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Pell Grant Sustainability Act

3/28/2025, 8:06 AM

Summary of Bill HR 1666

Bill 119 HR 1666, also known as the Pell Grant Indexing Act, aims to adjust the maximum value of Federal Pell Grants to keep up with inflation. The Pell Grant program provides financial aid to low-income undergraduate students to help cover the costs of higher education.

Currently, the maximum value of Pell Grants is set at $6,495 for the 2021-2022 academic year. However, this amount has not kept pace with the rising cost of college tuition and other expenses. The Pell Grant Indexing Act seeks to address this issue by automatically adjusting the maximum value of Pell Grants each year based on the rate of inflation.

By indexing Pell Grants to inflation, the bill aims to ensure that low-income students have access to the financial assistance they need to pursue a college education without being burdened by excessive debt. This adjustment would help make college more affordable for students from disadvantaged backgrounds and increase access to higher education for all. Overall, the Pell Grant Indexing Act is a bipartisan effort to support students in their pursuit of higher education and ensure that the Pell Grant program remains an effective tool for promoting college affordability and access.

Congressional Summary of HR 1666

Pell Grant Sustainability Act

This bill indexes the maximum award amount for Pell Grants to the rate of inflation. The bill also permanently reauthorizes the discretionary statutory authority for the Pell Grant program.

Current Status of Bill HR 1666

Bill HR 1666 is currently in the status of Bill Introduced since February 27, 2025. Bill HR 1666 was introduced during Congress 119 and was introduced to the House on February 27, 2025.  Bill HR 1666's most recent activity was Referred to the House Committee on Education and Workforce. as of February 27, 2025

Bipartisan Support of Bill HR 1666

Total Number of Sponsors
7
Democrat Sponsors
7
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
115
Democrat Cosponsors
115
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 1666

Primary Policy Focus

Education

Alternate Title(s) of Bill HR 1666

To index the maximum value of Federal Pell Grants to inflation.To index the maximum value of Federal Pell Grants to inflation.

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Comments

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4 months ago

This bill is so dumb, it's gonna mess everything up for me and my friends. I can't believe they're doing this, it's gonna be bad news for all of us. Long term, this is gonna be a disaster.

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4 months ago

This bill is ridiculous. Who does it benefit?