CBO Predicts no Pell shortfall in 2024 resulting from FAFSA Points

The Pell Grant program is anticipated to run a $11.4 billion surplus for the fiscal yr, the Congressional Finances Workplace (CBO) stated this week, averting fears of a possible shortfall that might have led to cuts in this system. The Biden administration had requested a further $2.1 billion for fiscal yr 2025 to extend the utmost Pell…