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U.S. Senate Supports Increase in Pell Grant Amount

U.S. Senate Supports Increase in Pell Grant Amount
By Charles Dervarics

The U.S. House and Senate are taking different approaches to the 2004 budget battle, with the Senate coming down on the side of increased financial aid funds.

A Senate-approved budget for 2004 includes a $450 increase in the maximum Pell Grant. The top grant would reach $4,500 under this plan, proposed by Sen. Edward Kennedy, D-Mass., and endorsed by the full Senate.