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Senate Bill Would Fully Exclude Pell Grants from Taxable Income

As students prepare to apply for federal student aid this winter, local colleges are hopeful that a bill proposed in Congress will allow some low-income students to use awarded funds however they need without penalty. U.S. Sens. Chuck Grassley and Sheldon Whitehouse introduced legislation last week to fully exclude Pell Grants from taxable income and […] ....

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