This proposal was expanded with the America‚Äôs College Promise Act of 2015, which would award federal. apply for other financial awards such as Pell. Federal Grants Federal Pell Grant. Federal Pell Grants provide a foundation of financial aid to which other federal and non-federal sources of aid may be added. Changes to loans would apply to borrowing after July 1. 21st Century Community Learning Centers and Federal Supplemental Educational Opportunity…