Saturday, February 14, 2009

KEY PROVISIONS FOR HIGHER EDUCATION IN THE ECONOMIC-STIMULUS COMPROMISE PLAN

Chronicle of Higher Education

Research and Science
National Institutes of Health
$8.5-billion for biomedical research and $1.5-billion to renovate university research facilities
National Science Foundation
$3-billion for basic research in science and engineering
Energy Department
$2-billion for research on climate science, biofuels, energy efficiency, and other areas
NASA
$1-billion, including for research on climate change
National Institute of Standards and Technology
$580-million, including for technology innovations
Student Aid
Pell Grant maximum
Would increase to $5,350 in 2009 and to $5,550 in 2010
Tuition tax credit
Would increase to $2,500 and allow families who do not owe taxes to claim $1,000
Work-Study program
Would provide $200-million
State Fiscal-Stabilization Fund
$53.6-billion, including for modernizing college facilities and buffering budget cuts to education
Job Training
$4-billion

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