FOR IMMEDIATE RELEASE
State Rep. Peter J. Daley
Daley announces PHEAA state grant increase
HARRISBURG, June 22 – State Rep. Peter J. Daley, D-Fayette/Washington, announced that the Pennsylvania Higher Education Assistance Agency would raise minimum grant awards thanks to a $50 million supplement to the state’s grant program.
“PHEAA’s grants are market-driven funds and when the financial markets experienced some turbulence, beginning in 2007, the agency was not able to provide additional grant funding,” Daley said. “The fact that PHEAA is able to supplement grant funds this year is good news for students and their families. Not everyone can afford to finance their higher education without state and federal aid. I am a firm believer that family economics should not stand in the way of any individual reaching his or her full potential, especially when it comes to education.”
Additionally, PHEAA has extended the deadline for community college students to apply for grants to Aug. 1 and expects to raise minimum state grant awards for next school year by about $700 to just over $4,300.
For more information about PHEAA visit www.pheaa.org.