Budget proposals shared by President Donald Trump’s administration raise serious concerns about the future of the federal government’s longstanding efforts to help keep college affordable. The budget information shared in May includes $150 billion in cuts over 10 years to student aid programs. Examples include:
- the elimination of the $733 million Supplemental Educational Opportunity Grant program, whose recipients are typically low-income;
- a sizable reduction in funding for the Federal Work-Study program; and
- changes in loan forgiveness programs that would impact graduate students in particular.
Other higher education changes include cuts in funding for scientific research and cuts in the TRIO college access programs. A summary of these proposals was published recently by Inside Higher Ed.
For the latest on federal financial aid visit studentaidalliance.org — this effort is co-chaired by the National Association of Independent Colleges and Universities.