2 3 5 A B C D E F G H I L M N P Q R S T U V W Y
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Parent PLUS Loan Program

Parents of undergraduate students who attend college are eligible for federal PLUS loans and may borrow an amount up to the cost of the student’s attendance – which includes tuition,…

1 min read

Pay As You Earn Loan Repayment Plan

Income Based Repayment (IBR) allows borrowers to make monthly payments based on their incomes if they meet a debt-to-income test. Borrowers may opt into IBR if their payments under that plan…

2 mins read

PAYGO (Pay-As-You-Go) Point of Order

A PAYGO point of order requires that any increase in spending or decrease in tax revenue must be offset by equivalent spending decreases or tax increases. Decisions about spending, revenue…

4 mins read

Pell Grant Budget Scoring Rule

The Federal Pell Grant Budget Scoring Rule refers to a 2006 provision aimed at preventing the underfunding of the program in its annual budget appropriation. Mandatory vs. Discretionary Funding Problem While…

9 mins read

Pell Grants

The Federal Pell Grant Program refers to the main source of federal higher education financial support to needy students. Congress established the Basic Educational Opportunity Grant Program, later renamed the Pell…

1 min read

Perkins Loans

The Perkins Loan program is separate and distinct from Stafford loans. Loans are made to students from lower income families by a participating college or university. Schools have some discretion…

1 min read

Post-9/11 GI Bill

Lawmakers enacted the Post-9/11 GI Bill in 2008 to establish a new set of education benefits for veterans who served at least 90 days after September 10, 2001. Veterans with…

8 mins read

Pre-K Data & Federal Education Budget Project

The Federal Education Budget Project and the Early Education Initiative of the New America Foundation collect and display pre-K data at the state and school district level annually. Limitations of…

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Pre-K Funding Sources

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Pre-K Funding from State and Federal Sources refers to how early education programs are financed. To understand pre-K funding in the United States, it helps to recognize that pre-K programs…

1 min read

Pre-Kindergarten

Pre-Kindergarten refers to programs that employ trained teachers to lead daily educational experiences in a classroom or learning center for children who are a year or two away from kindergarten. About…

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Preschool

A preschool program is one that serves children before they are the age of kindergarten entry. Program settings include church-run preschools, parent-run preschools, preschools managed by non-profit organizations or for-profit…

1 min read

President’s Budget Request

The President’s budget request reflects the administration’s recommendations for overall spending and revenue for the upcoming fiscal year as well as the subsequent four fiscal years.It also includes a projected…