subject: Education Grants for Moms: Build for Your Future [print this page] Since its major collapse the American financial system has been weak with only a few signs of improvement. Many people have lost jobs, and finding new employment has been difficult. In some job fields there is little room for new workers. Unfortunately the future isn't bright in all areas. The condition of the job market may remain for many more months. Creating opportunity in certain areas and easing some financial burdens can help improve the outlook. Consumer protection is a key area where the President and legislators felt it necessary to act. The President and Congress have also focused on education. Making sure institutions perform well on all levels is important, and there has been particular attention paid to colleges and universities. One important result is the Obama Grants for Mothers 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. For the past few years, the maximum award for Pell Grants has been increased to $5,000. Low income students, particularly working and stay-at-home mothers can use this money to pay for any of their education needs. 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. Another benefit is that school options are very flexible. Of course colleges and universities are valid school options, but there are also some opportunities for online courses. All federal student aid is determined by the results of the FAFSA, or Free Application for Federal Student Aid. This is the most important step in order to get an award. There are many other kinds of financial aid as well, and the internet is a great place to research them. You may even find other tax credits or scholarships that you didn't know about. Checking a school's financial aid web page or calling the office is also a good way to get information about available money. Education is no doubt a priority now as well as for the future. Education is key to help moms of all types succeed and strengthen their families. Obama's scholarships for moms will go a long way toward changing things in a positive way. To make sure the outlook is bright, it's important now to prepare with knowledge.