The maximum Pell Grant was increased with the economic stimulus plan that was just passed. This grant helps the lowest-income students attend college, and will be increased from $4,731 to $5,350 starting July 1, 2009 and up to $5,550 in 2010-2011. This will help pay about 75% of the average cost of a four-year college. And, 800,000 more students, or about 7 million, will now be eligible for Pell funding.
The stimulus package also enlarges the college tuition tax credit to $2,500 and makes it 40 percent refundable. As a result, families and individuals who don't earn enough to actually pay income tax could still get as much as $1,000 in extra tuition help.
Computer expenses are now an allowable expense under 529 college savings plans - a big plus for online degree seekers!
All told, the stimulus package spends an estimated $32 billion on higher education - so don't get left behind. Take advantage of the benefits.
If you are unemployed, or fear you may be out of a job soon, it makes sense to start improving your credentials now. You'll be able to find better jobs with higher pay when you have your college degree in hand.
Find out more about what type of aid is available for you and start earning your college degree now.
The stimulus package also enlarges the college tuition tax credit to $2,500 and makes it 40 percent refundable. As a result, families and individuals who don't earn enough to actually pay income tax could still get as much as $1,000 in extra tuition help.
Computer expenses are now an allowable expense under 529 college savings plans - a big plus for online degree seekers!
All told, the stimulus package spends an estimated $32 billion on higher education - so don't get left behind. Take advantage of the benefits.
If you are unemployed, or fear you may be out of a job soon, it makes sense to start improving your credentials now. You'll be able to find better jobs with higher pay when you have your college degree in hand.
Find out more about what type of aid is available for you and start earning your college degree now.
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