Class of 2022 left $3.6B in pell grants unclaimed

From Inside Higher Ed: “Using FAFSA completion rates and Pell Grant eligibility estimates, the report found that about 767,000 Pell-eligible high school seniors didn’t complete the application and thus didn’t receive the grant. Nationally, the average Pell Grant award was $4,686 for the 2022–23 academic year; the maximum award was $6,895. ‘Oklahoma, Florida, New Mexico, Arizona, and Nevada are the only five states whose FAFSA non-completion percentage and Pell Grant eligibility percentage are over 50%; consequently, these states (and their students) stand to gain substantially in terms of federal financial aid if they can increase FAFSA completion, the report says.’”

View the full article from Inside Higher Ed.

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