With the economy in such bad shape many people don't know where to turn. Recent reports indicate that a large number of unemployed workers will remain without work for months to come. Others who have just entered the work force, like recent college grads, may be discouraged by the lack of opportunities. By many projections these dismal circumstances could continue for many more months or even years. On the bright side, new economic ideas are a positive result of such tough times. The Obama administration and Congress have taken steps to make home ownership more attainable and to protect consumers in several areas. Education has also been a major focus. There is more emphasis on making sure students have access to safe loans and college grants. This includes Obama's Grants for Moms program. This initiative is aimed at mothers to ensure that they can build for their children's futures as well as their own. Obama scholarships for mothers are made possible by federal Pell Grants. To help out single mothers, the Pell Grant allotment was increased to $5,000. With $5,000 moms can pay for any number of school-related costs. The grant can be used to pay for any college fees, the cost of supplies and other miscellaneous expenses that may be needed to ensure you can attend school as scheduled. It's also important to note that school options are not very limited. Moms can use their grants at a variety of colleges and universities. The first step to get any financial aid is the Free Application for Federal Student Aid, or FAFSA. The online form is necessary and easy to complete. There are also many other resources to help you learn about what is available for you. It's possible that you learn about opportunities that you didn't know about before. A school financial aid office is also a good place to seek information about money. In the realm of education, scholarships and grants are a key component for a strong system. Sending moms to school has dual benefits: preparing them to be productive members of the work force and allowing them provide for their families. The lasting effects on families are the most important aspect of Obama's scholarships for mothers. One key to the future is to provide educational opportunities and to gain knowledge now.