Mothers Scholarships

A proposed bill that aims to increase Pell Grant scholarships for low income students (especially single moms etc) is on the cards. This bill, if it goes through, will make college more affordable for people who are considered to be low income.

President Barack Obama has a plan to increase student aid and this is his first leap into making it a reality.

One lawmaker has put forward a bill that will involve linking the Pell Grant scholarship amount to inflation. This means that the amount of money that students get will actually reflect the economical situation, rather than have the grant being left behind whilst inflation rises.

How are they planning to pay for this increase in student aid? Most of it would come from eliminating a massive program of subsidies for private college loans. Of course this is opposed by lenders and their political supporters.

I really like how Obama is taking an approach that is making the process more transparent.

Obama said:

“Chairman Miller and I are working to end the wasteful subsidies that are given to banks and private lenders for student loans,”

He really does want to stop this under the table money exchange that so often goes on, and good for him.

Apply for the Pell Grant and also apply for other grants and scholarships such as this scholarship for moms.