summary
Introduced
02/27/2025
02/27/2025
In Committee
02/27/2025
02/27/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A BILL To index the maximum value of Federal Pell Grants to inflation.
AI Summary
This bill addresses the declining purchasing power of Federal Pell Grants by implementing an automatic inflation adjustment mechanism. Currently, Pell Grants cover only 31% of base educational costs at public 4-year institutions, compared to 80% in 1974-1975, which has made college less affordable for lower-income students. The bill would modify the Higher Education Act to automatically increase the maximum Pell Grant amount each year based on the Consumer Price Index (CPI), starting in the 2024-2025 award year. The base amount for 2024-2025 would be $1,060, and subsequent years would see the previous year's amount increased by the annual CPI percentage change. This adjustment would be rounded to the nearest $5 and would be in addition to the maximum grant amount specified in the most recent appropriation act. By indexing the grants to inflation, the bill aims to help maintain the grants' purchasing power and make higher education more accessible to students from lower-income backgrounds.
Committee Categories
Education
Sponsors (39)
Sean Casten (D)*,
Alma Adams (D),
Nanette Barragán (D),
Joyce Beatty (D),
Ami Bera (D),
Suzanne Bonamici (D),
Gil Cisneros (D),
Angie Craig (D),
Suzan DelBene (D),
Mark DeSaulnier (D),
Dwight Evans (D),
Chuy García (D),
Raúl Grijalva (D),
Jahana Hayes (D),
Jonathan Jackson (D),
Sara Jacobs (D),
Hank Johnson (D),
Julie Johnson (D),
Bill Keating (D),
Raja Krishnamoorthi (D),
John Larson (D),
George Latimer (D),
Susie Lee (D),
Stephen Lynch (D),
Seth Magaziner (D),
Morgan McGarvey (D),
Seth Moulton (D),
Scott Peters (D),
Chellie Pingree (D),
Emily Randall (D),
Kim Schrier (D),
Melanie Stansbury (D),
Shri Thanedar (D),
Dina Titus (D),
Rashida Tlaib (D),
Jill Tokuda (D),
Derek Tran (D),
James Walkinshaw (D),
George Whitesides (D),
Last Action
Referred to the House Committee on Education and Workforce. (on 02/27/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/119th-congress/house-bill/1666/all-info |
| BillText | https://www.congress.gov/119/bills/hr1666/BILLS-119hr1666ih.pdf |
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