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Pell Grant Modernization Act

12/30/2022, 8:03 AM

Summary of Bill HR 5926

The Pell Grant Modernization Act, also known as Bill 117 hr 5926, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to update and improve the Pell Grant program, which provides financial aid to low-income students pursuing higher education.

One of the key provisions of the Pell Grant Modernization Act is an increase in the maximum award amount for Pell Grants. This increase is intended to help more students afford the rising costs of college tuition and other expenses. Additionally, the bill aims to make the application process for Pell Grants more streamlined and accessible to students.

Another important aspect of the bill is a focus on supporting non-traditional students, such as adult learners and those attending part-time. These students often face unique challenges in accessing financial aid, and the Pell Grant Modernization Act seeks to address these issues by expanding eligibility criteria and providing additional support services. Overall, the Pell Grant Modernization Act is designed to make higher education more affordable and accessible for all students, particularly those from low-income backgrounds. By updating and improving the Pell Grant program, this bill aims to help more students achieve their educational goals and improve their future prospects.

Congressional Summary of HR 5926

Pell Grant Modernization Act

This bill revises eligibility requirements under the Federal Pell Grant Program.

Specifically, the bill reduces from 12 to 10 the total number of semesters during which a student may receive a Pell Grant.

In addition, the bill increases the number of credits that a student must complete each semester in order to be considered a full-time student.

Current Status of Bill HR 5926

Bill HR 5926 is currently in the status of Bill Introduced since November 9, 2021. Bill HR 5926 was introduced during Congress 117 and was introduced to the House on November 9, 2021.  Bill HR 5926's most recent activity was Referred to the House Committee on Education and Labor. as of November 9, 2021

Bipartisan Support of Bill HR 5926

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 5926

Primary Policy Focus

Education

Alternate Title(s) of Bill HR 5926

Pell Grant Modernization Act
Pell Grant Modernization Act
To amend the Higher Education Act of 1965 to adjust the period of eligibility for Federal Pell Grants, and for other purposes.

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