Policy Impact Analysis - 117/S/4874

Bill Overview

Title: Early Pell Promise Act

Description: This bill authorizes the Department of Education (ED) to carry out an Early Federal Pell Grant Commitment Program under which ED must make a commitment to award Pell Grants to certain students. To be eligible to receive a commitment, the student must be in grades 8-12 and a member of a household receiving assistance under the Supplemental Nutrition Assistance Program (SNAP). Pursuant to a commitment, the student shall receive a Pell Grant during the first two academic years of attendance at an institution of higher education (IHE) as an undergraduate if the student files the Free Application for Federal Student Aid (FAFSA) form for the award year in which the student will be in attendance at the IHE, and enrolls at the IHE not later than one year after receiving a secondary school diploma or not later than three years after release from the Armed Forces.

Sponsors: Sen. Stabenow, Debbie [D-MI]

Target Audience

Population: Low-income middle and high school students who are SNAP beneficiaries

Estimated Size: 3000000

Reasoning

Simulated Interviews

Student (Rural Mississippi)

Age: 16 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 8.0 years

Commonness: 8/20

Statement of Opinion:

  • I always worry that I won't be able to afford college even if I get good grades.
  • The Early Pell Promise gives me hope and something to aim for in my studies.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 8 5
Year 5 9 6
Year 10 9 7
Year 20 10 7

Student (Urban New York)

Age: 15 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 4.0 years

Commonness: 10/20

Statement of Opinion:

  • I'm not sure if college is for me, but knowing there's financial aid if I choose that path makes a difference.
  • My focus has been on helping my mom make ends meet; the idea of a Pell Grant makes college seem more attainable.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 7 6
Year 3 7 6
Year 5 8 7
Year 10 8 7
Year 20 8 7

Student (Suburban Ohio)

Age: 17 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 0.0 years

Commonness: 12/20

Statement of Opinion:

  • Missing out on the Early Pell Promise because of recent changes is frustrating, but I support this for my peers who need it.
  • I've been saving and exploring scholarships as alternatives.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 8 8
Year 5 8 8
Year 10 9 9
Year 20 9 9

Student (Town in Utah)

Age: 14 | Gender: other

Wellbeing Before Policy: 5

Duration of Impact: 6.0 years

Commonness: 11/20

Statement of Opinion:

  • I'm still in middle school but thinking about college is exciting.
  • Knowing programs like this exist makes me want to do well in school.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 6 5
Year 3 7 6
Year 5 8 7
Year 10 8 8
Year 20 8 8

Part-time job and student (Los Angeles, California)

Age: 18 | Gender: male

Wellbeing Before Policy: 4

Duration of Impact: 3.0 years

Commonness: 7/20

Statement of Opinion:

  • Having delayed college because of finances, I'm reconsidering now that Pell support could be available.
  • It might turn my plans around if I decide soon enough.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 6 4
Year 3 7 4
Year 5 8 5
Year 10 8 5
Year 20 8 6

Student (Rural West Virginia)

Age: 13 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 9/20

Statement of Opinion:

  • Even though I'm young, I've always known my family struggles with money.
  • The promise of a Pell Grant might make going to college possible.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 7 6
Year 3 8 7
Year 5 9 7
Year 10 9 8
Year 20 9 8

Student (Houston, Texas)

Age: 15 | Gender: male

Wellbeing Before Policy: 4

Duration of Impact: 8.0 years

Commonness: 8/20

Statement of Opinion:

  • My teachers always talk about college, but I never thought it could be for me.
  • This policy makes me think it's worth trying to improve my grades to see what happens.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 6 4
Year 3 7 5
Year 5 8 5
Year 10 8 6
Year 20 8 6

Student and part-time retail worker (Chicago, Illinois)

Age: 17 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 5.0 years

Commonness: 13/20

Statement of Opinion:

  • I've worked hard for scholarships, but Pell would make a big difference in lessening my work hours and stress.
  • It's a great backup as I finalize my college plans.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 9 8
Year 5 9 8
Year 10 9 8
Year 20 9 8

Student (Miami, Florida)

Age: 16 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 8.0 years

Commonness: 15/20

Statement of Opinion:

  • I've always been cautious about college finances; this policy eases that worry slightly.
  • It might help my younger siblings more since we all depend on SNAP.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 8 7
Year 5 9 8
Year 10 9 8
Year 20 9 8

Full-time employee (Phoenix, Arizona)

Age: 18 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 6.0 years

Commonness: 8/20

Statement of Opinion:

  • My main obstacle in attending college was the costs and lack of solid financial support.
  • If Pell is available, I might start school earlier than planned.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 6 5
Year 3 7 6
Year 5 7 6
Year 10 8 7
Year 20 8 7

Cost Estimates

Year 1: $6189000000 (Low: $5564000000, High: $6814000000)

Year 2: $6189000000 (Low: $5564000000, High: $6814000000)

Year 3: $6189000000 (Low: $5564000000, High: $6814000000)

Year 5: $6189000000 (Low: $5564000000, High: $6814000000)

Year 10: $6189000000 (Low: $5564000000, High: $6814000000)

Year 100: $6189000000 (Low: $5564000000, High: $6814000000)

Key Considerations