Stimulus and Higher Education

This was a great article that helped me see what was in the bill for higher education. Go to the website and check out the comparison between the House and Senate Bills, It is easy to read and useful in understanding the changes.

clipped from www.insidehighered.com he compromise economic stimulus bill crafted by Congress (the bill text is now available, here and here), the compromise legislation would deliver a total of $53.6 billion in new aid to states over the next two years. About $30 billion in new funds would flow to students and their families in 2009 and 2010, about $17 billion in the form of increased Pell Grants and $13 billion in expanded higher education tax credits he final package allots roughly $16 billion to several federal agencies for research grants and facilities over two years, That includes $10 billion for the National Institutes of Health ($8.5 billion for research grants and $1.5 billion to renovate university facilities), $3 billion for the National Science Foundation, and $2 billion for science and research programs at the Energy Department.