Editorial: Doubling the Pell Grant Creates Opportunities for Success

Zulfiqar Ahmed

NIU is working to help students who need it most, with its support of the DoublePell campaign.

As tuition records are prepared for the Spring 2022 semester, students on campus and across the country will receive financial aid which, while helpful, does not go as far as it did when it was first introduced.

One of the largest grant pools in the financial aid process is the Pell Grant, which is awarded on a need-based system to middle- and low-income students to help alleviate some of the costs associated with education. superior.

While current Pell Grant funding is not something to be scoffed at, current grant funding stands at $26 billion, according to research by college council. Although the budget may seem well funded, NIU strives to help students who need it most, with its support from the DoublePell Campaign.

The Northern Star Editorial Board supports NIU’s advocacy for an increase in the maximum annual Pell Grant funding, as well as the DoublePell Alliance’s goal of raising the maximum annual amount to $13,000.

The DoublePell organization is an alliance of higher education associations, organizations and advocacy groups committed to doubling the maximum Pell grant by June. NIU supports this initiative because 45% of NIU students receive a portion of a Pell Grant.

The current tuition cost at NIU is $4,803.79 per term as per UNITED. For two semesters of tuition only, not including university fees, a student owes $9,607.58 per year. If Congress were to double the Pell Grant to $13,000, some students who meet the Pell Grant criteria could attend college at no cost to them, preparing for a more financially stable future without worrying about student loan debt. , which may weigh some groups more than others.

While low-income households hold only about 20% of all student loan debt, only 10% of the group make payments on time, according to the Brookings Institute. The amount of debt held by low-income recipients creates a burden that is difficult to overcome so early in adult life. Doubling the Pell Scholarship would give these students a better chance of future success.