Stimulus: American college students can get an extra $500

stimulus January 2023
The maximum value of a pell grant is expected to raise by $500 this year.

This comes as President Joe Biden signed a bill that included raising the maximum value of Pell Grants to roughly $7,400.

Pell Grants are a type of student aid aimed at low-income college students or other secondary schools like trade academies.

These are unique as they seldom need to be repaid, unlike most student aid that comes in the form of loans.

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About William Johnson 260 Articles
Demystifying the world of finance is my mission. As a finance news writer with 7 years of experience, I've covered everything from breaking market news to in-depth analysis of industry trends. I'm here to keep you informed and empowered in your financial journey.