What is is pell grant money?
Federal Pell Grant Program provides financial aid to low-income undergraduate students.
How can a student use the money?
The student can use pell grant money to access postsecondary education at 5,400 participating postsecondary institutions.
How much money can I get - Dependent on what? Pell grant amounts are dependent on the followings:
- Student's expected family contribution (EFC).
- The cost of attendance + Full year or less.
- The student's full/part time enrollment status.
Important facts about pell grants:
- You can't get pell grant money from more than one school at a time.
- Financial need of the students family - Efc is determined by the U.S. Department of Education using a formula.
- Student's income.
- The parents' income and assets (if the student is dependent).
- Family's household size, and the number of family members (excluding parents) attending postsecondary institutions.
How to apply for financial aid - Fafsa?
If you are an undergraduate student and you desperately looking for financial aid, enter the Fafsa website, and open an online account while providing the following:
- Your Dependency Status
- FAFSA on the Web Worksheet
- School Codes
- Stdents & Parents PIN
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