Need a College Degree - The Economic Stimulus Can Help You

The 2009 economic stimulus plan increases the maximum Pell Grant, from $4,731 currently to $5,350 starting July 1 and up to $5,550 in 2010-2011. This Federal Grant is intended to help low-income students attend a college or university. The maximum grant amount would cover about 75% of the average cost of a four-year college program. And, 800,000 more students, or nearly 7 million students, may now qualify for Pell funding.

In addition, the 2009 economic stimulus package increases the tuition tax credit to $2,500 and makes it 40 percent refundable. Due to this boon, families and individuals who don't make enough to have to pay income tax could still get as much as $1,000 in extra tuition help.

Computer expenses are now an allowable expense under 529 college savings plans - a big plus for online degree seekers!

The package spends an estimated $32 billion on higher education - so don't get left behind. Take advantage of the benefits offered to help you get ahead.

If you are currently unemployed, or think you may be out of a job soon, start improving your credentials now. You'll find better jobs with higher pay when you have your college degree in hand.

Find out more about what is available for you and get started earning your college degree.