subject: The President Obama "moms Return To School Grant" [print this page] President Obama's "Moms Return to School Grant" is such a great opportunity to continue your education. The president has asked every American to consider getting more education so that the United States can remain competitive on the world stage. In fact, his goal is for the U.S. to have more college graduates per capita by 2020 than any other country in the world.
To do that, he has implemented a wide range of financial aid programs which help mothers return to school.
One is increasing the Federal Pell Grant from $4050 to $5350. That extra $1300 can go a long way toward paying for tuition, household expenses or day care.
He is also restructuring how student loans. Instead of letting banks handle the Stafford Student loans and charging high fees, he has insisted that all lending come from a government agency which does not seek to make a profit.
The president has also encouraged colleges themselves to take a look at how they are pricing their programs. It's no secret that the price of tuition has far outpaced the rate of inflation for some time now.
Obama's challenge has resulted in some concrete changes too. For instance, at Arizona State University, the new "Obama Scholarships" offer tuition, room, board, and other expense money to 2000 students.
If you are a mother who wants to return to school, the timing has never been better. The changes the President has made to the funding situation is a great opportunity to help many moms to make their lives better.