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Student loan limits in the stimulus package

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honoluludaniel Donating Member (45 posts) Send PM | Profile | Ignore Sat Feb-14-09 01:05 PM
Original message
Student loan limits in the stimulus package
Does anyone know if the final stimulus package includes the $2,000 increase in Stafford Loans that was passed in the House version? I haven't found a conclusive answer on any online articles so far.
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Mnemosyne Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-14-09 01:30 PM
Response to Original message
1. Welcome to DU, honoluludaniel! Knr for any info. n/t
:hi:
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honoluludaniel Donating Member (45 posts) Send PM | Profile | Ignore Sat Feb-14-09 01:40 PM
Response to Reply #1
2. Thanks for the welcome and the kick!
:fistbump:
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mountainvue Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-14-09 02:11 PM
Response to Original message
3. I think it does. Let me see if I can
Edited on Sat Feb-14-09 02:16 PM by mountainvue
find that article I was reading this morning.
On edit: Sorry I was confused with Pell Grants. I don't know how the Stafford loans fared by the time everything was said and done.
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honoluludaniel Donating Member (45 posts) Send PM | Profile | Ignore Sat Feb-14-09 02:31 PM
Response to Reply #3
4. Yeah, the Pell Grants survived, as stated in this article....
http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2009/02/14/national/w063027S06.DTL&feed=rss.news
but it makes no mention of the supposed loan increase.
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Davis_X_Machina Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-14-09 02:52 PM
Response to Original message
5. There was a one-time increase...
...by $2000, in the Staffords passed this summer. This would make the status quo permanent -- it's not really a new per-year ceiling.
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Davis_X_Machina Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-14-09 03:14 PM
Response to Reply #5
6. Stafford ceiling increase...
....in House version, not in compromise passed last night.

Some increase in Perkins money, though.

Details here.
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