Press Release

June 21, 2024
Cardin, Hirono, Murray, Reed, Whitehouse, Pocan, Scott Introduce Bill to Double Pell Grant, Make College More Affordable
The Pell Grant Preservation and Expansion Act permanently indexes Pell Grants to inflation, increasing their purchasing power

WASHINGTON – U.S. Senators  Ben Cardin (D-Md.), Mazie K. Hirono (D-Hawaii), Patty Murray (D-Wash.), Jack Reed (D-R.I.), and Sheldon Whitehouse (D-R.I.) and Representatives Mark Pocan (D-Wis.) and Robert C. “Bobby” Scott (D-VA) introduced the Pell Grant Preservation and Expansion Act of 2024, bicameral legislation that would nearly double the Pell Grant maximum award, index the maximum award for inflation, and make other changes to expand the award for working students and families. The Pell Grant program is the cornerstone of federal financial aid for postsecondary education, serving over 6 million undergraduate students.

“The only prerequisite for secondary education opportunities should be a passion for learning. The Pell Grant program is a proven pathway for more diversity on college campuses and ensures that higher education is not reserved for those with generational wealth,” said Senator Ben Cardin.

“Pell Grants help to make postsecondary education more affordable for thousands of students in Hawaii and millions across the country,”said Senator Hirono. “However, as the cost of attending college has continued to rise over the years, the purchasing power of the Pell Grant has steadily declined. I’m proud to reintroduce this legislation to restore the value of Pell Grants and enable more students to access higher education.”

“My siblings and I were able to go to college thanks to federal support, and students today deserve to know the federal government has their back and will help them pursue their dreams, too. Pell Grants cover far less than they used to, but this bill will help fix that—and provide long-term stability for Pell—by doubling the maximum award and indexing it to inflation,”said Senator Murray.“I’m going to keep pushing to pass this legislation and help ensure every student can pursue a higher education—no matter how much money their family has.”

“The Pell grant is the cornerstone of our federal financial aid programs.  But over the years, the grant has covered a shrinking percentage of the actual cost of college, requiring students to take on more debt or, even worse, not continue their education. This legislation would help expand access to Pell grants, lower student debt, strengthen our workforce and economy, and help deserving students achieve their full potential,” said U.S. Senator Jack Reed.

Pell Grants, one of Senator Claiborne Pell’s great legacies, have helped make college more affordable for generations of Rhode Islanders,”said Senator Whitehouse. “Our bill would increase the maximum Pell Grant award and expand eligibility for the program, giving more students the opportunity to make their dreams of higher education a reality.”

“The Pell Grant is the most important tool we have to help students afford college. Unfortunately, due to the rising cost of college, the purchasing power of Pell Grants has severely eroded over time,”said Ranking Member Robert C. “Bobby” Scott (VA-03), House Committee on Education and the Workforce. “By doubling the maximum Pell award, and adjusting future awards for inflation, the Pell Grant Preservation & Expansion Act will go a long way to restore the purchasing power and help millions of students earn a quality degree, without being forced to take on excessive debt.”

“No one should be denied a chance at a higher education if they are smart and capable enough but are unable to afford it. As a recipient of the Pell Grant myself, I know just how instrumental of a tool it is to make college accessible for all,” Congressman Pocan said. “Unfortunately, skyrocketing tuition costs and perpetual underfunding continue to undermine this critical program. The Pell Grant Preservation and Expansion Act would not only double the maximum Pell Grant, it would protect the program from future cuts, expand eligibility to include DREAMers, and ensure that postsecondary education is attainable for every student—regardless of their socioeconomic status.”

In addition to doubling the Pell Grant maximum award and indexing the maximum award for inflation, the Pell Grant Preservation and Expansion Act also makes the Pell Grant funding fully mandatory to protect it from funding shortfalls, expands the program to include DREAMers, and restores lifetime eligibility for the program to 18 semesters, among other changes that will benefit students.

“Every student deserves the opportunity to pursue higher education, no matter the size of their parent’s paycheck,” said Senator Padilla. “As a proud first-generation college graduate, I know the challenges students face in accessing an affordable education, especially as the cost of education continues to climb. Congress must take action to make higher education more accessible for all families and students, including the Dreamers who call America home and strengthen our workforce and communities.”

“Every year, millions of students rely on Pell Grants to afford higher education,”said Kaine. “I’m proud to introduce this bill to increase the Pell Grant award, boost funding for the program, and allow more students to access this crucial support. I urge my colleagues to pass this bill to help future generations get the education and training they need to pursue their dreams.”

“Federal Pell Grants are a critical financial lifeline for students working toward a college degree, but their value has been far outstripped by the runaway cost of higher education. It’s long past time that we take action to strengthen the Pell Grant to open the doors to greater educational and economic opportunity for students across the nation,” said Senator Van Hollen.

“Pell Grants open the door to higher education for millions of students who otherwise wouldn’t have access to college.  But it’s vital that Pell Grants track with the true costs of obtaining a college degree,” said Durbin. “I’m joining my colleagues to introduce the Pell Grant Preservation and Expansion Act to double the Pell Grant award to support students as they continue their education, regardless of their financial situation.”

“Higher education should be a ticket to the middle class—not a barrier to opportunity,” Duckworth said. “Every American deserves the opportunity to enroll in college and complete a degree, and expanding and strengthening Pell Grants is one important way to help. I’m proud to join Senators Hirono and Murray in introducing this legislation to do just that and help ensure more students have access to higher education.”

“The federal Pell Grant program opens the door to higher education opportunities, helping millions of students and families access education—including many here in Vermont. But chronic underfunding has prevented the program from keeping up with inflation and fully meeting students’ needs—and undocumented students like Dreamers are cut out entirely,” said Senator Welch. “This bill improves the Pell Grant program to help make higher education more attainable and affordable for all.”

“All Granite Staters deserve access to affordable higher education. I’m proud to cosponsor the Pell Grant Preservation and Expansion Act to increase the impact of Pell Grants, which serve as a lifeline to higher education and economic mobility for millions of students across the country,” said Senator Shaheen.

“Pell Grants make it possible for every student, regardless of their socioeconomic status, to pursue higher education and earn a quality degree without being burdened by excessive debt. This critical legislation restores the purchasing power of the Pell Grant and ensures that this instrumental tool continues to make college accessible for all. With the Pell Grant Preservation and Expansion Act, we can be sure that more students are supported in their academic endeavors and are provided with the opportunity to succeed,” said Blumenthal.

“Each year, Pell Grants help make college more affordable for millions of students and families across the country, including hundreds of thousands in New York,” said Senator Gillibrand. “I am proud to cosponsor the Pell Grant Preservation and Expansion Act of 2024, which will double the maximum Pell Grant award and expand Pell Grant eligibility to help make college more affordable for low-income and first-generation college students. I look forward to working with my colleagues to get this bill passed to ensure that all students have access to higher education, regardless of socioeconomic status.”

“I wouldn’t be where I am today without Pell Grants and low-interest student loans, and by strengthening these federal investments, we can help break down barriers for low-income students across the country who may otherwise be prevented from pursuing higher education because of the daunting financial burden,” said Senator Reverend Warnock. “This legislation will bolster Pell Grants for generations of students to come, unlocking opportunity for countless Americans. I am proud to work with Senator Hirono on this and look forward to getting it done.”

“As a proud recipient of the Pell Grant, I know the transformative power of the program in turning the dream of higher education into a reality for students in California and across the nation,” said Senator Butler. “We must expand the Pell Grant Program to put higher education in reach so that every student has the opportunity to succeed.”

“The Pell Grant has long been an incredible resource for students and it’s important we ensure future generations can continue to benefit from the program,” said Klobuchar. “This legislation will expand the Pell Grant, double the maximum award, and protect its true value from eroding over time to make college more affordable for students from all walks of life.”

“Education is the great equalizer, and it’s essential that everyone has access to quality education, regardless of their economic situation,” said Senator Fetterman. “The Pell Grant has been a crucial asset in helping underserved communities keep up with the rapidly climbing costs of higher education. This legislation enhances that initiative, balancing the scale in support of working students and families in achieving their professional goals. I am proud to join my colleagues in expanding this vital resource to ensure higher education remains within reach for all Americans.”

“Every student in America should be able to access higher education without the fear of being saddled with a lifetime of crushing debt,” said Senator Merkley. “I was the first in my family to go to college, and I know that high tuition costs can be an insurmountable barrier for many students. Expanding and preserving Pell Grants—a key federal financial aid program—will help put this dream within reach for millions and unlock the doors of opportunity for current and future generations.”

“Pell Grants make college possible for millions of first-generation, low-income, immigrant, Black, brown, and non-traditional students every year. As we face a college affordability and student debt crisis, now is the time to strengthen and expand Pell,” said Senator Markey.

“Pell Grants help millions of students afford higher education, but as the cost of college has skyrocketed since the Pell Grant was established in 1973, the maximum award hasn’t come close to keeping up. In fact, the Pell Grant once covered most of the cost of attending a public or community college, but today it covers less than a quarter of those costs. This legislation would give the program a much-needed boost and help ensure that all students can afford college if that’s the pathway that best suits their academic and career goals,” said Murphy.

“The federal Pell Grant has enabled generations of Americans to pursue a college degree. But the Pell Grant’s purchasing power has not kept up with rising tuition costs, leaving the high price of a college education out of reach for many Americans,” said Senator Smith. “I am proud to be a part of this legislation that will revitalize the Pell Grant and help make higher education more affordable for Americans.”

In addition to Senators Cardin, Hirono, Murray, Reed, and Whitehouse, the bill is cosponsored in the Senate by Senators Tammy Baldwin (D-Wis.), Michael Bennet (D-Colo.), Richard Blumenthal (D-Conn.), Cory Booker (D-N.J.), Sherrod Brown (D-Ohio), Laphonza Butler (D-Calif.), Bob Casey (D-Pa.), Chris Coons (D-Del.), Tammy Duckworth (D-Ill.), Dick Durbin (D-Ill.), John Fetterman (D-Pa.), Kirsten Gillibrand (D-N.Y.), Maggie Hassan (D-N.H.), Martin Heinrich (D-N.M.), Tim Kaine (D-Va.), Amy Klobuchar (D-Minn.), Ed Markey (D-Mass.), Jeff Merkley (D-Ore.), Chris Murphy (D-Conn.), Jon Ossoff (D-Ga.), Alex Padilla (D-Calif.), Jeanne Shaheen (D-N.H.), Tina Smith (D-Minn.), Chris Van Hollen (D-M.D.), Raphael Warnock (D-Ga.), Elizabeth Warren (D-Mass.), Peter Welch (D-Vt.), and Ron Wyden (D-Ore.).  

In addition to Representatives Scott and Pocan, the bill is cosponsored in the House by Representatives Cori Bush (D-Mo.), Suzanne Bonamici (D-Ore.), John Garamendi (D-Calif.), Eleanor Holmes Norton (D-D.C.), Frederica Wilson (D-Fla.), Nikema Williams (D-Ga.), Lloyd Doggett (D-Texas), Bennie Thompson (D-Miss.), John Sarbanes (D-M.D.), Gregorio Kilili Camacho Sablan (D-MP), Marilyn Strickland (D-Was.), Gwen Moore (D-WI), Barbara Lee (D-Calif.), Brad Sherman (D-Calif.), Juan Vargas (D-Calif.), Robin Kelly (D-Ill.), Raul Grijalva (D-Ariz.), Dan Goldman (D-N.Y.), Alma Adams (D-N.C.), Andre Carson (D-Ind.), Joyce Beatty (D-Ohio), Seth Magaziner (D-R.I.), Mark DeSaulnier (D-Calif.), Doris Matsui (D-Calif.), Jamie Raskin (D-M.D.), Alexandria Ocasio-Cortez (D-N.Y.).

The full text of the bill is available here. A fact sheet is available here.

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