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Pell Grant Changes to Impact Student Aid for 2026-27 Academic Year
Pell Grant Changes to Impact Student Aid for 2026-27 Academic Year
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BTCCSquare news:
Recent adjustments to federal student aid calculations, enacted through the "One Big, Beautiful Bill," are set to reduce Pell Grant allocations for many families. The Department of Education warns that technical errors may arise in the newly launched Free Application for Federal Student Aid (FAFSA) due to the expedited implementation timeline.
With federal aid expected to decline, financial experts urge students to explore alternative funding sources. Local scholarships, state grants, and private financing options may bridge the gap for those facing reduced Pell Grant awards. Brynne Conroy, a personal finance author, emphasizes the urgency of completing FAFSA applications promptly while preparing backup financial strategies.
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