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President seeks to eliminate Perkins, raise Pell.(George W. Bush)(Perkins Loan)(Pell Grants)(Brief Article)

Women in Higher Education

| March 01, 2005 | COPYRIGHT 2005 Women in Higher Education. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

President Bush's 2006 budget could bring the end of the Perkins Loan programs. He asked Congress to recall it and the LEAP program, and use that money to increase Pell Grants slowly over five years. Both decisions would hit women and community colleges hardest.

Perkins Loans serve the poorest of students, the majority of whom are women. It has come under fire because it serves only 3% of students and 1,800 schools, according to Sally Stroup, assistant secretary of postsecondary education, and been rated "ineffective" in recent budget analyses.

He is seeking to increase the maximum amount of Pell grants from $4,050 to $4,550 over five years. While many students who receive Perkins Loans also receive Pell Grants, the increase is unlikely to cover the loss of Perkins Loans. "A student's Pell Grant could go up, but their overall aid ...

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