Obama proposes a raise for higher education funding
In his education budget for fiscal year (FY) 2014-15, President Obama has requested almost $155 billion in federal student aid assistance, which includes certain higher education programs, a modest increase in the maximum Pell Grant award, campus-based aid and changes to loan interest rates and tax benefits. If Obama’s proposed budget is approved by Congress, the maximum Pell Grant award will stretch to $5,785, a $140 increase from the prior year. More than $35 billion in Pell Grant aid –… Read more






