The term 'BIG NAME IN EDUCATIONAL FUNDING' can be summarized by the crossword solution 'PELL'. The Pell Grant is a type of financial aid provided by the United States government to help students pay for college. It is named after Senator Claiborne Pell, who sponsored the bill that created the program in 1972. The Pell Grant is one of the largest sources of federal funding for postsecondary education and is available to undergraduate students who demonstrate financial need.