January 21, 2000
Across-the-Board Cut in Federal Budget Nicks NIH and Pell Grants
Federal officials last week trimmed the budgets for the National Institutes of Health, student aid, and other programs important to colleges to comply with a small, across-the-board spending reduction that the White House and Congress agreed to apply in the 2000 fiscal year.
Education Department officials have decided to achieve more than half of the reduction they must make by cutting $60-million from the Pell Grant Program. But the cut should have no impact on students, department