The Federal Pell Grant program, authorized by Title IV-A-1 of the Higher Education Act of 1965, (HEA; P.L. 89-329), as amended, is the single largest source of federal grant aid supporting undergraduate students. The program provided approximately $26 billion in aid to approximately 6.1 million undergraduate students in FY2021. Pell Grants are…

Veterans' educational assistance programs provide financial assistance to individuals, whose eligibility is based on their or a family member's experience in the uniformed services, while they are enrolled in approved programs of education. The GI Bills--particularly the Post-9/11 GI Bill--are the most popular veterans' educational assistance…

Title IV of the Higher Education Act of 1965 (HEA; P.L. 89-329, as amended) authorizes the primary sources of federal aid to support postsecondary education students. Title IV programs made over $118 billion in aid available to postsecondary students in FY2020 through Direct Loans and other forms of aid, including $27 billion in Pell Grants. The…

The Higher Education Act of 1965 (HEA; P.L. 89-329, as amended), authorizes numerous federal aid programs that provide support to both individuals pursuing a postsecondary education and institutions of higher education (IHEs). The FAFSA Simplification Act (FSA; Title VII, Division FF of P.L. 116-260) makes significant changes to the underlying…

This report provides descriptions of key elements of the Pell Grant program and information on recipient demographics, award levels, award value, program costs, and program funding prior to the effective date of the Free Application for Federal Student Aid (FAFSA) Simplification Act (FSA). For information on key changes authorized by the FSA that…

In response to the rapidly evolving COVID-19 pandemic, Congress and the Administration have taken several actions to support the continued education of elementary, secondary, and higher education students and to protect student loan borrowers and educational institutions from related economic hardship. The Coronavirus Aid, Relief, and Economic…

In December 2019, Congress enacted and the President signed the Fostering Undergraduate Talent by Unlocking Resources for Education Act (FUTURE Act; P.L. 116-91). The law The law amends the Higher Education Act (HEA) to permanently authorize mandatory funding for grant programs to support HBCUs and MSIs. Authorization for this funding had expired…

The U.S. Department of Veterans Affairs (VA) administers several veterans' educational assistance programs for servicemembers and veterans and their family members. The GI Bills are the most well-known and popular veterans' educational assistance programs. The VA estimated that it provided $10.2 billion in benefits to over 800,000 participants in…

As of FY2018, the Department of Veterans Affairs (VA) administers benefits under six GI Bills: the Post-9/11 Veterans Educational Assistance program (Post-9/11 GI Bill), Survivors' and Dependents' Educational Assistance Program (DEA), Montgomery GI Bill--Selected Reserve (MGIB-SR), Montgomery GI Bill--Active Duty (MGIB-AD), Reserve Educational…

The U.S. Department of Veterans Affairs (VA), previously named the Veterans Administration, has been providing veterans educational assistance benefits through the GI Bills and other programs since 1944. The benefits have been intended, at various times, to compensate for compulsory service, encourage voluntary service, avoid unemployment, provide…

The GI Bills® provide financial assistance to individuals, whose eligibility is based on their or a family member's experience in the uniformed services, while enrolled in approved programs of education or training programs. Throughout the 114th Congress, the House and the Senate committees on veterans' affairs have held several GI Bill oversight…

There have been numerous reports of institutions of higher education (IHEs) experiencing financial hardships as a result of the Coronavirus Disease 2019 (COVID-19) pandemic. This report discusses and contextualizes issues related to IHEs' stability and fiscal health during the pandemic. To provide background on the types of issues IHEs are facing,…

The U.S. Department of Veterans Affairs (VA), previously named the Veterans Administration, has been providing veterans educational assistance benefits through the GI Bills and other programs since 1944. The benefits have been intended, at various times, to compensate for compulsory service, encourage voluntary service, avoid unemployment, provide…

From March 2020 through March 2021, three laws providing federal funding for elementary, secondary, and postsecondary education were enacted in response to the national emergency related to the COVID-19 pandemic declared by President Trump on March 13, 2020. The second of these laws provided a higher amount of funding than the first, and the third…

The Federal Pell Grant program, authorized by Title IV-A-1 of the Higher Education Act of 1965, (HEA; P.L. 89-329), as amended, is the single largest source of federal grant aid supporting undergraduate students. The program provided approximately $29 billion in aid to approximately 7.2 million undergraduate students in FY2017. Pell Grants are…