Pell Grant Costs
HEHS-94-215R: Published: Sep 28, 1994. Publicly Released: Sep 28, 1994.
Additional Materials:
- Full Report:
Contact:
Pursuant to a congressional request, GAO provided information on cost trends in the Department of Education's Pell Grant Program, focusing on: (1) patterns in Pell grant funding; and (2) the incremental budgetary cost of various features of the Pell Grant Program. GAO noted that: (1) Pell grant expenditures have increased in most years since 1979; (2) many applicants previously eligible for Pell grants have either lost their eligibility or received smaller awards; (3) the proportion of Pell grant aid provided to students at 4-year institutions has declined, while the proportion of aid provided to students at less-than-4-year institutions has increased; (4) the cost of increasing the maximum Pell grant amount could be $350 million in the 1995 through 1996 award year; (5) first-year students receive the largest share of Pell grants; (6) the incremental cost of providing Pell grants to students attending proprietary institutions could amount to $900 million in fiscal year (FY) 1995; (7) Pell grants to part-time students could cost approximately $500 million in FY 1995; (8) new Pell Grant provisions make it more difficult for some students to obtain financial aid; (9) family residence equity is excluded from student aid calculations; (10) Pell grants for students at institutions with high student loan default rates could cost $34 million in FY 1995; and (11) program provisions that allow for school financial aid administrators to calculate student aid could affect Pell Grant awards for about 334,000 recipients.
Jan 27, 2021
-
Higher Education:
IRS and Education Could Better Address Risks Associated with Some For-Profit College ConversionsGAO-21-89: Published: Dec 31, 2020. Publicly Released: Jan 27, 2021.
Jan 19, 2021
-
Higher Education:
Department of Education Should Further Assess College Access Grant ProgramsGAO-21-5: Published: Dec 17, 2020. Publicly Released: Jan 19, 2021.
Jan 11, 2021
-
K-12 Education:
Observations on States' School Improvement EffortsGAO-21-199: Published: Jan 11, 2021. Publicly Released: Jan 11, 2021.
Dec 10, 2020
-
Higher Education:
Children's Savings Account Programs Can Help Families Build Savings and Envision CollegeGAO-21-10: Published: Dec 10, 2020. Publicly Released: Dec 10, 2020.
Nov 19, 2020
-
Distance Learning:
Challenges Providing Services to K-12 English Learners and Students with Disabilities during COVID-19GAO-21-43: Published: Nov 19, 2020. Publicly Released: Nov 19, 2020.
Oct 15, 2020
-
Data Security:
Recent K-12 Data Breaches Show That Students Are Vulnerable to HarmGAO-20-644: Published: Sep 15, 2020. Publicly Released: Oct 15, 2020.
Oct 14, 2020
-
Disaster Recovery:
COVID-19 Pandemic Intensifies Disaster Recovery Challenges for K-12 SchoolsGAO-21-62R: Published: Oct 14, 2020. Publicly Released: Oct 14, 2020.
Sep 29, 2020
-
Federal Student Loans:
Supplemental Data on Income and Family Size Information for Income-Driven Repayment PlansGAO-20-591R: Published: Sep 29, 2020. Publicly Released: Sep 29, 2020.
Aug 27, 2020
-
Native American Youth:
Agencies Incorporated Almost All Leading Practices When Assessing Grant Programs That Could Prevent or Address Delinquency [Reissued with revisions on Aug. 27, 2020.]GAO-20-600: Published: Aug 6, 2020. Publicly Released: Aug 6, 2020.
Jul 24, 2020
-
K-12 Education:
School Districts Need Better Information to Help Improve Access for People with DisabilitiesGAO-20-448: Published: Jun 30, 2020. Publicly Released: Jul 24, 2020.
Looking for more? Browse all our products here