July 16, 2004

House Panel Approves Budget Bill

By JEFFREY BRAINARD

The maximum Pell Grant award would remain level and the budget of the National Institutes of Health would rise only slightly under a spending plan for the 2005 fiscal year approved last week by an appropriations subcommittee of the House of Representatives.

The maximum Pell award would remain at $4,050, the same level as this year, in the new fiscal year, which begins on October 1.

The appropriation for the NIH would rise by 2.7 percent, to $28.527-billion. That is below the

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