Pell Grants Background & Issues

According to College Board, a year of tuition at a public four-year school in 1987 cost $3,190. Now, a year at that same school would cost $9,970. College prices are increasing, and going to school is more expensive than ever before. But that doesn't mean you have to resign yourself to borrowing hundreds of thousands of dollars to earn a degree. We at Student Loan Hero created this guide to a complicated financial aid system so that you know all your options and can make informed choices. I hope this encourages you to explore as many scholarship and grant opportunities as possible and navigate through the process of applying for federal and private student loans.

This guide provides a description of Federal Student Aid programs and the application process. Readers will find information on federal student aid as a source for funding postsecondary education, and know where to go for more detailed information. Funding Your Education: The Guide to Federal Student Aid speaks to high school students, college students, adults, and parents interested in finding out about financial aid from the federal government to help pay for education expenses at an eligible college, technical school, vocational school, or graduate school.

This book analyses the terms and conditions of Federal Student Loans and Pell Grants. Discussed in this compilation are the terms and conditions of federal student loans made under the Federal Family Education Loan Program and the William D. Ford Federal Direct Loan Program. Campus-Based Student Financial Aid programs are also examined under the Higher Education Act, as are Federal Pell Grant Programs, and the recent changes to these programs as well as current legislative issues.