“Last academic year, more than 7.6 million students – including 33 percent of all undergraduates – benefited from receiving a federal Pell Grant. Without this support from the federal government, many low-income students would not be able to pursue education beyond high school – education that is increasingly important for entry into the competitive workforce. Yet the value of the Pell Grant continues to fall as college costs rise.” read more at collegeaccess.org
“Three-quarters of Pell Grant recipients are from families making less than $30,000 per year.” read more at georgetown.edu
“A small number of highly selective colleges do have enrollments in which more than 20 percent of undergraduates are Pell Grant recipients” read more at georgetown.edu
“Seventy-eight percent of Pell recipients who attend selective colleges and universities graduate, while their chances to complete diminish to 48 percent at open-access colleges.” read the full report
“The average Pell Grant is $3,724 (the maximum is $5,815), but that covers only a small portion of the cost of attending a selective college. Many also suggest that selective colleges cannot afford to enroll more Pell Grant students because it would create too great a strain on their financial aid budgets. On the contrary, the study finds that many selective colleges average large budget surpluses. In fact, the 69 most-selective private colleges had an average annual budget surplus of $139 million from 2012-15, and they have a median endowment of $1.2 billion.
Sixty-nine of the 79 most selective private colleges and universities have less than 20 percent Pell Grant recipients.” read more here
- “Nearly 90,000 Pell Grant Recipients Are Qualified But Do Not Attend Selective Colleges”
- “About 150,000 Pell Grant recipients have SAT/ACT scores as high as other students at selective colleges, but more than half of those Pell students do not attend selective universities.
Check out the highlights from online campaign for #thankful4pell here: https://storify.com/alliegrasgreen/thankful4pell-reaches-new-heights-in-2017