President Obama's budget plan calls for a number of sweeping changes for federal student aid, from student loans to state grants to education tax credits. It also proposes to big adjustments in the Federal Pell Grant Program. The Pell provides need-based grants to low-income students. While the amount of the grant is set each year by the Congress, the Pell Program is often … [Read more...] about Financial Aid in the News: Obama Plans Changes for Pell Grant