House Committee Proposes Significant Reductions to Federal Student Aid Programs

A proposed House spending bill for Fiscal Year 2027 suggests substantial cuts to federal student aid. The plan includes eliminating subsidized student loans and the Federal Supplemental Educational Opportunity Grant, alongside reducing Federal Work-Study funding. These proposed savings are intended to address a projected shortfall in the Pell Grant program, which would see modest increases. The changes could significantly alter the landscape of student financial assistance.