List: hbcu-lib@lists.hbculibraries.org
From: Sandra Phoenix
With High Demand, Pell Grant Program Faces Challenges
Wed, Jan 5, 2011 12:15 PM
The Pell program isn't funded like an entitlement, however, with Congress projecting estimated use on a yearly basis and earmarking funds in its appropriations bills. In recent years, those projections have fallen short of reality, creating the shortfall.
"Eventually it catches up to them," says Mark Kantrowitz, publisher of www.finaid.org.