Pell Grant Preservation and Expansion Act of 2026
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Overview
The Pell Grant Preservation and Expansion Act of 2026 aims to strengthen the Federal Pell Grant program by increasing grant amounts, making funding mandatory, and expanding eligibility to include more students. Specifically, the bill proposes doubling Pell Grant awards over several years, establishing a mandatory funding stream, and extending eligibility to Dreamer students and those receiving means-tested benefits. It also seeks to simplify financial aid requirements and restore previous eligibility cuts.
Key provisions
- Doubling of maximum Pell Grant awards to $10,000 in 2026-2027, increasing annually by the Consumer Price Index.
- Mandatory funding for Pell Grants, ensuring a stable and predictable source of financial aid.
- Expanded eligibility to include Dreamer students and recipients of means-tested benefits.
- Restoration of previous eligibility cuts for Pell Grants.
- Increase in Pell Grant amounts for students with negative student aid indexes.
- Extension of Pell Grant eligibility to 18 semesters instead of the current 12.
- Simplification of financial aid penalties for students making satisfactory academic progress.
- Modification of the student aid index calculation for students receiving means-tested benefits.
Who is affected
- Students seeking higher education
- Families of students seeking higher education
- Institutions of higher education
Bill text
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