House Passes FY2010 Appropriations Bill

Abstract: By a vote of 264 to 153, the House passed its FY 2010 Labor, HHS, and Education appropriations spending bill (H.R. 3293) on Friday. The bill would provide level funding for most Title IV discretionary programs. The bill would set the appropriated amount of the Pell Grant to a maximum award of $4,860. A scheduled mandatory increase from the College Cost Reduction and Access Act (CCRAA) would add an additional $690 to the appropriated amount, bringing the total Federal Pell Grant to $5,550 for the 2010-11 award year.

The full article is available on the NASFAA website.