CHARLOTTE, N.C. — A recent report shows a federal grant program that helps low-income students go to college is facing a massive budget shortfall.


What You Need To Know

  •  Pell Grants are facing a $2.7 billion shortfall next fiscal year 

  •  Education advocates say this could affect students seeking higher education 

  •  One student says a Pell Grant is helping him achieve his educational aspirations

According to the Congressional Budget Office, Pell Grants are facing a $2.7 billion budget shortfall in the coming fiscal year.

Advocates say this represents not having enough money to cover growing education needs across the country.

Over 100 organizations backed a letter to Congress, calling on lawmakers to fill in the financial gap.

A North Carolina college student says he hopes the grant program will continue smoothly for all recipients. 

Justin Howard is enrolled at UNC Charlotte.

A first-generation college student, Howard says it’s because of Pell Grants and scholarships he’s able to pursue higher education.

“It really has helped me with going to school and not having to worry about that financial burden,” Howard said.  

Pell Grants helped nearly 6.5 million students afford a college education in the 2023-24 academic year, according to a report. 

"I don't have to pay anything for school, which is very much of a blessing for me. I never thought I would be able to experience that,” Howard said.

But concerns have been raised about the future of the grants.

Some political leaders support dismantling the Department of Education, the federal agency responsible for distributing Pell Grant funds.

Advocates say more must be done financially to protect the grants, but the changes won’t happen overnight.

Congress is facing a March 14 government funding deadline

However, the website Inside Higher Ed reports lawmakers have until late September to take action on the Pell Grants.   

“I honestly do not know if I didn't have the Pell Grant if I'd be able to attend school,” Howard said. “If you can help more people get into college, more people get to higher education, I would say do everything you can."