January 28, 2010
President Obama’s State of the Union address outlined steps to make college more affordable: increases in Pell Grants, $10,000 in tax credits for a four-year education and student loan forgiveness. All good news for University of California students and their families. UC awards more Pell Grants than any research university in the country. About 33 percent of UC undergraduates receive the grants, which are awarded to low-income students with family income below $45,000.