Pell Grant Pros And Cons

295 Words2 Pages
Everyone Benefits…The rising tide lifts all ships”, coined Senator Claiborne Pell, who was instrumental in the argument and negotiation process for the Pell Grant (Feinberg & Katz, 2014). The positive impact of The Pell Grant has been shared by institutions, who have benefitted from increased enrollment, and low-income families alike. According to Singell, Wadell, and Curs (2004) the Federal Government implemented the Pell Grant Program in 1972, and since its inception, it has been the single largest provider of need-based aid in the United States (p. 2). Students receiving federal financial aid are financially needy. 90 percent of students participating in the Pell Grant Program come from families with incomes below $40,000 annually