Colleges will continue to admit students who have graduated from high school.
Rolling back the Obama-era cap on federal Pell grants will cost some students millions of dollars.
But some of the biggest losers will be students who graduated from historically black colleges and universities in the past few years, and they’re worried about losing out on federal aid.
The latest news about how federal aid will change for college students was announced by the Education Department on Tuesday.
In a report titled “Rolling Back Federal Aid to Historically Black Colleges and Universities,” the department said that it would be rolling back federal Pell Grant aid to students who are graduating from high schools that were in states that did not participate in the Race to the Top initiative to address racial inequities in higher education.
Rolling back the Pell Grant will mean more students will be able to go to college without getting the full amount of aid, the department says.
It also means that students who previously could only receive up to $2,700 in federal Pell grant aid each year will be eligible for up to about $3,600.
This means that they will have less financial aid available to them.
The Trump administration had proposed cutting federal Pell Grants to students in the states that had opted out of the Race To The Top program, and it was widely seen as a way to help African-American students, who make up the majority of the nation’s students.
Under the plan, the federal government would also provide $2 billion in aid for students who do not qualify for Pell grants and could not afford to pay for it.
The Trump plan would also increase the number of Pell Grant students who would qualify for aid and reduce the cap on Pell grant recipients.
The department said it will be extending the rollback to students graduating from historically Black colleges and Universities, who are most often located in the South and Midwest.
The rollback will apply to students born in the 1990s, after the end of the Obama administration.
The department also said it would increase funding for students in historically black high schools and colleges that were not eligible for the federal Race To the Top program.
“We are committed to working with states and other federal partners to address the impact of rolling back the federal grant to historically black college and university students,” said a department official who spoke on condition of anonymity to discuss the matter.
“But we cannot continue to provide the aid at the rate that we are now.
We will not be able afford to do that.”
