This document is a 2006 program performance report for the Federal Pell Grant program. It discusses the program's goal of ensuring access to postsecondary education through need-based grants. A key measure is the percentage of Pell Grant funds going to students below 150% of the poverty line, which has consistently exceeded targets from 1999 to 2005 and is projected to continue increasing through 2010.
This document is a 2006 program performance report for the Federal Pell Grant program. It discusses the program's goal of ensuring access to postsecondary education through need-based grants. A key measure is the percentage of Pell Grant funds going to students below 150% of the poverty line, which has consistently exceeded targets from 1999 to 2005 and is projected to continue increasing through 2010.
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This document is a 2006 program performance report for the Federal Pell Grant program. It discusses the program's goal of ensuring access to postsecondary education through need-based grants. A key measure is the percentage of Pell Grant funds going to students below 150% of the poverty line, which has consistently exceeded targets from 1999 to 2005 and is projected to continue increasing through 2010.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOC, PDF, TXT or read online from Scribd
Strategic Goal 5 Other HEA, Title IV, Part A-1 Document Year 2006 Appropriation: $13,045,230 CFDA 84.063: Federal Pell Grant Program
Program Goal: To help ensure access to high-quality postsecondary education
by providing financial aid in the form of grants in an efficient, financially sound and customer-responsive manner. Objective 1 of 1: Ensure that low- and middle-income students will have the same access to postsecondary education that high-income students do. Measure 1.1 of 1: The percentage of Pell Grant funds going to students below 150 percent of the poverty line. (Desired direction: increase) Actual Year Target Status (or date expected) 1997 82 Measure not in place 1998 80 Measure not in place 1999 75 78 Target Exceeded 2000 75 78 Target Exceeded 2001 75 79 Target Exceeded 2002 75 78 Target Exceeded 2003 75 76 Target Exceeded 2004 75 76 Target Exceeded 2005 75 77 Target Exceeded 2006 75 (August 2007) Pending 2007 78 (August 2008) Pending 2008 79 (August 2009) Pending 2009 79 (August 2010) Pending 2010 80 (August 2011) Pending Source. U.S. Department of Education, Office of Federal Student Aid, Pell Grant Applicant/Recipient File. Frequency of Data Collection. Annual Explanation. Increases in the maximum award without other changes in the formulas used to award Pell grants will tend to lower the percentage of funds going to the neediest students.