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It leaves the maximum annual grant for graduate students at $550.
But its maximum annual grant is $5,000, and it fully covers tuition for only the poorest families.
The deal reached by lawmakers also calls for the state to raise the program's maximum annual grant by more than 20percentto to $5,000 from $4,125 for undergraduates, according to lawmakers.
Regarding private colleges, the panel called on the state to raise the maximum annual grant in its primary financial aid program -- the Tuition Assistance Program, or TAP -- by more than 20percentto to $5,000 from $4,125 for undergraduates and to $1,500 from $550 for graduate students.
Similar(55)
It's been four years since Congress last increased the maximum annual Pell Grant — by a mere $50 — bringing the top grant for a student who has no parental support to $4,050.
The maximum annual Pell grant would rise to $5,975 by 2017, from $5,350 this year.
The student-loan legislation would provide $40 billion to increase the maximum annual Pell grant scholarship to $5,550 in 2010 and to $6,900 by 2019, from $5,350 now.
If a student qualifies for the maximum annual Pell Grant, he would receive $5,645 per year or $2,822.50 each semester.
The maximum annual real estate tax reduction for each volunteer is $750.
Their maximum annual production will never be much over 36 coaches.
It provides around five awards and a maximum annual bursary fund of £6,000.
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