U.S. Sen. Russ Feingold, D-Wis., is helping to spearhead a bipartisan effort to raise the amount of the maximum Pell Grant award from $4,050 to $4,500.
Feingold, along with a bipartisan group of Senate colleagues, sent a letter to the chair and ranking member of the Senate Budget Committee strongly urging them to increase the maximum award to help lower income students receive a college education, reported WisPolitics.com.
\The Pell Grant award provides critical help to many young Americans who hope to continue their education,"" Feingold told WisPolitics.com. ""Increasing the maximum Pell Grant award is an investment in both the future of our children and the future of this nation.""
Despite continued increases in the cost of college tuition, the maximum Pell Grant award has remained frozen for three years.