Comments on: More money for school?: A breakdown of the financial aid portion of the Health Care Bill http://www.scadconnector.com/news/more-money-in-your-pocket-a-breakdown-of-the-financial-aid-portion-of-the-health-care-and-education-reconciliation-act/?utm_source=rss&utm_medium=rss&utm_campaign=more-money-in-your-pocket-a-breakdown-of-the-financial-aid-portion-of-the-health-care-and-education-reconciliation-act SCAD Atlanta's Online Student News Source Mon, 23 Jan 2012 14:17:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: collegeloanconsultant http://www.scadconnector.com/news/more-money-in-your-pocket-a-breakdown-of-the-financial-aid-portion-of-the-health-care-and-education-reconciliation-act/comment-page-1/#comment-1214 collegeloanconsultant Tue, 13 Apr 2010 02:30:10 +0000 http://www.scadconnector.com/?p=4785#comment-1214 While the Pell grant changes will eventually be funded, in order to comply with the new qualifications guidelines, the Department of Education was forced to revise their <a href="http://www.collegeloanconsultant.com/pell-grant-calculator.html" rel="nofollow">Pell grant calculations</a> for the 2010-2011 school year- using the same amount of funding that they used in their January planning. This has resulted in extending new awards to students that would not have received them, but also lowering awards for students whose cost of attendance is less than $5,550. For next year, at least, most Pell students who attend community colleges will receive lower awards than the amounts planned a couple of months ago. While the Pell grant changes will eventually be funded, in order to comply with the new qualifications guidelines, the Department of Education was forced to revise their Pell grant calculations for the 2010-2011 school year- using the same amount of funding that they used in their January planning. This has resulted in extending new awards to students that would not have received them, but also lowering awards for students whose cost of attendance is less than $5,550. For next year, at least, most Pell students who attend community colleges will receive lower awards than the amounts planned a couple of months ago.

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