The federal Pell Grant program was designed to help low-income students pay for college, but in recent years more middle-income students have become eligible. In 1995–96, a student from a three-person family earning $60,000 in today's dollars was ineligible for a Pell Grant. Today, he or she would receive over $1,000. Pell Grant eligibility among middle-income students has increased because the effective income cutoff rises when lawmakers increase the maximum grant more quickly than inflation.
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