Education Department Issues Guidance on Grant Cuts

WASHINGTON -- While the Pell Grant is exempt from the mandatory, across-the-board budget cuts that went into effect in March, other federal higher education grants are not. Iraq-Afghanistan Service Grants, for the children of members of the military killed in action, have been cut back by 10 percent for new recipients beginning March 1, the Education Department announced in guidance issued Friday. TEACH Grants, for students planning to become teachers in high-need areas, have been reduced by 7.1 percent.