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Stimulus Funds Give Oregon Pell-Grant Recipients a Boost

Published 07 April 09 11:54 AM | Student Loan Girl 

Funding from President Obama’s stimulus plan will soon reach Oregon college students in the form of almost $280 million in Pell Grant funds, a 41-percent jump over the previous year, reports the Portland Business Journal (“Stimulus boosts Oregon Pell Grants to $279.4 million,” March 31, 2009).

This funding boost will translate to about a $500-award increase for Oregon Pell Grant recipients, which the students can use to offset the $18,500 in tuition it costs on average to attend one of the state’s six public institutions.

Approximately 10 percent of the nearly 180,000 students who enroll in Oregon’s public colleges and universities during the 2009–10 school year will benefit from the stimulus money; they could see their maximum Pell Grant award bumped up to as much as $5,350.

Donna Fossum, student financial aid director at Western Oregon University, says the new maximum award amount is almost enough to cover all tuition costs at her institution, at which about one-in- four students rely on Pell Grants to help pay for college.

At Portland State University, Oregon’s largest institution by enrollment, more than 45 percent of the school’s 27,000 students receive Pell Grants, the Portland Business Journal reports.

It’s “amazing” that Oregon college students are getting the extra money for school, says Mary Moller, the associate director of government relations for Portland State University.

Although the $500 increase may not seem like a deal big, says Phillip Rodgers, director of student financial aid at PSU, it matters to students. “They’re watching closely. Everything (that) helps them be able to afford going to school helps.”



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