Pell Grant Preservation and Expansion Act of 2024
Key claim: The Pell Grant Preservation and Expansion Act of 2024 (S4595) was introduced in the 118th Congress and referred to the Senate Committee on Health, Education, Labor, and Pensions.
Abstract
(S4595 · 118th Congress) Latest action (2024-06-20): Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Why this matters
Pell Grants are the largest federal need-based aid program for undergraduates, and repeated introduction of preservation-and-expansion bills across Congresses signals ongoing concern about the program’s funding cliff and purchasing power. For students, the trajectory of these bills affects maximum award levels and eligibility; for institutions, it shapes net-price affordability and enrollment of low-income students. The 2024 Senate proposal marks an earlier iteration of a policy conversation that has since reappeared in the 119th Congress.