President Bush is expected to announce today that he will seek to raise the maximum Pell Grant by $500 over the next five years, as well as closing a $4-billion budget shortfall that has plagued the program for the past several years. According to an administration official familiar with the president\'s plans, Bush will ask Congress to mandate yearly $100-increases to the maximum award for five years. The president is also expected to propose a way to erase the program\'s accumulated deficit.