Budget compromise would preserve maximum Pell grant, NIH funding

Although final details were still elusive late Thursday, members of Congress appear to have reached a compromise on a federal budget for 2012 that would preserve the maximum Pell Grant while changing the program’s eligibility criteria. The spending plan would also slightly increase funding for the National Institutes of Health and end the grace period for interest on subsidized student loans. Budget compromise would preserve maximum Pell grant, NIH funding