Have you been hit hard by the economic crisis? If you watch news programs then you know you're not alone. Finding new work after being laid off has been extremely difficult and for some people impossible to this point. Even recent graduates with plenty of education and ambition have found it difficult to get hired. By many projections these dismal circumstances could continue for many more months or even years. Although things look bad, implementing effective economic initiatives can really improve things. Consumer protection is a key area where the President and legislators felt it necessary to act. Other serious changes have been made regarding education. There has been serious action taken to ensure that college loans aren't detrimental to students and to provide more scholarship opportunity. The administration's Grants for Moms initiative is just one development. Mothers of all kinds can use education to direct the path of their families' futures. Obama scholarships for mothers are made possible by federal Pell Grants. The Pell Grant maximum award is a substantial $5,000. With $5,000 moms can pay for any number of school-related costs. There are expected expenses like tuition and books, but for mothers childcare is also important which is why it can be covered as well. The process of choosing a school is also made easy. Moms can use their grants at a variety of colleges and universities. All federal student aid is determined by the results of the FAFSA, or Free Application for Federal Student Aid. The online form is necessary and easy to complete. On the internet you have access to numerous sites with information about scholarships and grants. There are private scholarships as well as state and federal. The financial aid office of the college you want to attend can also provide valuable information. In the realm of education, scholarships and grants are a key component for a strong system. Educating mothers benefits them and their families for years to come as well as the working world in general. The lasting effects on families are the most important aspect of Obama's scholarships for mothers. Education is necessary to equip our leaders now and to prepare new ones for the future.