Pell Grants Would Remain Flat and NIH Would Receive Slight Increase Under House Spending Plan

The maximum Pell Grant award would remain steady, and the National Institutes of Health would receive a slight budget increase, under a spending bill for the 2005 fiscal year approved by the Appropriations Committee of the U.S. House of Representatives on Wednesday. Funds for the Perkins Loan Program, which provides low-cost loans to disadvantaged students, would be reduced by the measure. (Subscription required.)