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Highlights from President Biden’s FY2024 Budget Request

Last week the Biden administration released its Fiscal Year 2024 (FY24) Budget. It calls on Congress to fund priorities within each of the Department of Education’s “Raise the Bar” focus areas:

The administration proposed $10.8 billion in new investments for the Department of Education, allocating $90 billion in total discretionary funding, a 13.6% increase from last year’s enacted level. That includes: 

Finally, the budget proposal also allocates $96 billion over ten years in new mandatory spending for Pell Grants, aiming to double the maximum Pell Grant by 2029. The budget increases the maximum Pell award for FY 2024 to $8,215, an $820 increase above the FY 2023 enacted level. 

Jazmin Flores Peña is a policy analyst.

Jazmin Flores Peña

Policy Analyst

Meet Jazmin