August 16, 2002

Pell Grant Program May Still Face $1-Billion Shortfall

By RICHARD MORGAN

Less than a month after Congress and President Bush agreed to provide an extra $1-billion to make up for a shortfall in the Pell Grant program, higher-education lobbyists said last week that the program may need another $1-billion to provide grants to eligible students.

Spokesmen for the U.S. Department of Education and the White House Office of Management and Budget said they were unable to confirm the new shortfall. But college lobbyists and Congressional aides said they believe that

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