Many important issues are being debated including but not limited to student debt reduction, a national policy for K-14 that may include free community college education, and the creation of new federal funding policies in the form of federal matching or maintenance of effort policies that hold state legislatures more accountable for maintaining…

The Pell Grant is the foundational need-based student aid program in the United States, providing students of lower socio-economic status a pathway to afford college costs and educational expenses. Currently, over one-third of all U.S. undergraduate students receive Pell. This paper examines federal Pell assistance and institutional costs for…