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Senate Hikes Pell Grant Benefits For Fiscal Year 2015

15 June 2014 15 views No Comment

“Many people with student debt to pay down took one on the chin Wednesday when the Senate nixed a bill that would have allowed borrowers paying more than the current 3.85% for Stafford loans to refinance their their student loans at this lower rate. But if you’re looking for Pell money, the Senate did you a solid on Tuesday when it increased the maximum Pell grant by $100 to $5,830 for the fiscal year 2015, which begins October 1,” MainStreet reports.

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