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5.0L (1979-1995) MustangTechnical discussions on 5.0 Liter Mustangs within. This does not include the 5.0 from the 2011 Mustang GT. That information is in the 2005-1011 section.
Low voltage to the pump sounds like a ground problem to me.
I agree with Dawson, sounds like the next thing to check is the ground. Does the pump ground through a wire or the case? I'd run a wire from the battery negative directly to the pump ground. I sometimes use jumper cables from the battery to near my test points, then small jumpers to the device I'm testing.
btw, if you get weird voltage measurements, you might want to double check where you clip your ground meter lead.