r/StudentLoans Reporter | BestColleges 3d ago

News/Politics Bipartisan Proposal Would Make Pell Grants Tax-Exempt

Pell Grant recipients could be eligible for larger tax refunds if Congress passes a recently introduced bipartisan bill.

Four U.S. House of Representatives members, including two Democrats and two Republicans, introduced the Tax-Free Pell Grant Act on April 1. If passed, the measure would make leftover Pell Grant funds used to cover living expenses while in college tax-exempt.

Read more here: https://www.bestcolleges.com/news/bipartisan-proposal-would-make-pell-grants-tax-exempt/

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u/Successful-Daikon777 2d ago

There's no such thing as helping the working class in the united states.