The Pell Grant Sustainability Act aims to ensure the long-term stability and effectiveness of the Pell Grant program, which provides need-based financial aid to low-income college students. The bill seeks to maintain the purchasing power of Pell Grants by indexing the maximum award amount to inflation, making it more predictable for students and colleges. It also addresses funding issues and aims to increase access to higher education for underserved populations. Overall, the bill proposes measures to strengthen and sustain the Pell Grant program for future generations.
2023-03-23: Introduced in House
2023-03-23: Referred to the House Committee on Education and the Workforce.
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