June 25, 2008

Senate Panel Approves Spending Plan That Would Raise Pell Grants and NIH Spending

By Kelly Field

Washington

The maximum Pell Grant would increase by $69, to $4,800, and spending on the National Institutes of Health would grow by $1-billion under a spending bill approved by a U.S. Senate panel on Tuesday.

The bill, which would finance student aid and biomedical research in the 2009 fiscal year, would also provide an increase of $10-million for the federal TRIO programs for disadvantaged students and an extra $5-million for Gear Up, which helps low-income students prepare for college.

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