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ERIC Number: EJ815084
Record Type: Journal
Publication Date: 2008-Oct-3
Pages: 1
Abstractor: ERIC
Reference Count: N/A
ISBN: N/A
ISSN: ISSN-0009-5982
Higher-Education Funds Are in Limbo as Congress Prepares to Head Home
Field, Kelly
Chronicle of Higher Education, v55 n6 pA19 Oct 2008
This article reports that members of Congress were poised to leave Washington last week with some major higher-education accomplishments to campaign on and a slate of unfinished business important to colleges. Topping the higher-education to-do list for the next Congressional session is federal spending for the 2009 fiscal year, which began October 1. While both chambers have made some headway on the education-and-research spending bill, neither the U.S. House of Representatives nor the Senate has passed the measure. Until they do, federal science agencies and student-aid programs will continue to operate at current spending levels. At the same time, lawmakers will have to contend with a severe shortfall in the Pell Grant program, expected to exceed $5-billion by the end of the 2009 fiscal year. Some student-aid advocates worry that appropriators might reduce the maximum award, now at $4,731, to cut costs, though most advocates say that is unlikely, given Congress's sensitivity to the financial difficulties that families are facing.
Chronicle of Higher Education. 1255 23rd Street NW Suite 700, Washington, DC 20037. Tel: 800-728-2803; e-mail: circulation@chronicle.com; Web site: http://chronicle.com/
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Laws, Policies, & Programs: Higher Education Act 1965; Pell Grant Program