Increases the maximum Federal Pell Grant and extends eligibility period.
The College Affordability and Accessibility Act increases the maximum Federal Pell Grant to $14,800 for award years 2026–2027 and 2027–2028, with annual adjustments thereafter. It also extends the period during which students can receive Federal Pell Grants to the completion of the first postbaccalaureate course of study, up to 16 semesters. This change aims to make college more affordable and accessible for students.
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