Monday, November 7, 2022

Colleges are becoming less affordable for Pell Grant recipients, report finds - Laura Spitalniak, Higher Ed Dive

The average Pell Grant recipient could afford to attend only 24% of public four-year colleges in the 2019-20 academic year, according to a new report from the National College Attainment Network. Pell-eligible students at four-year institutions faced an average unmet financial need, or affordability gap, of $2,627. Just 40% of community colleges were classified as affordable for Pell Grant recipients and, on average, these students attending two-year colleges faced $907 in unmet financial need.