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Pell Grant awards increase by $500 after Biden signs omnibus spending bill

By Jeremiah Poff
Published January 5, 2023 6:09pm ET
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Pell Grant awards increase by $500 after Biden signs omnibus spending bill
Federal Pell Grants will increase by $500 in 2023 following the passage of the federal omnibus spending bill signed by President Joe Biden last week. The spending bill increased the maximum individual award for Pell Grants to nearly $7,400 for 2023, a $500 increase from the 2022 award of $6,895. The grants are only available […]


Federal Pell Grants will increase by $500 in 2023 following the passage of the federal omnibus spending bill signed by President Joe Biden last week.

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Congress Department of Education Government Spending Miguel Cardona Washington D.C.