As a member of the House Education and Labor Committee, I am committed to making federal student aid programs more accountable to taxpayers and affordable for students. In too many cases across the country, however, students are taking six or more years to complete their college education. This extra amount of time spent sitting in a classroom adds thousands of dollars to a student borrower’s loan balance, providing a needless financial burden on these students long after their college experience.
To address this growing problem, I introduced the Pell Grant Modernization Act in hopes of accelerating college completion rates. The critical changes to the Pell Grant program included in this bill will ensure students are moving towards college completion.
Under current law, Pell Grant recipients must take a minimum of 12 credits per semester to be considered full time students. My bill would increase “full-time” Pell Grant eligibility from 12 semester units to a more standard 15 semester units. These commonsense changes to the Pell Grant program will ensure that students complete their college education on time and are able to start their careers more quickly.