Pell Grant
A Pell Grant is a type of financial aid provided by the U.S. federal government to help eligible undergraduate students finance their college education. It is a need-based grant, meaning it is awarded based on the student's financial need and does not have to be repaid. The grant aims to make higher education more accessible to low-income students and covers a portion of tuition, fees, and potentially other educational expenses. The amount awarded can vary annually depending on the student's financial situation and the federal government's budget.
Common Questions
Who is eligible to receive a Pell Grant?
To be eligible for a Pell Grant, a student must be an undergraduate attending a participating institution, demonstrate financial need, be a U.S. citizen or eligible non-citizen, and maintain satisfactory academic progress.
How is the amount of a Pell Grant determined?
The amount of a Pell Grant is determined based on the student's Expected Family Contribution (EFC), the cost of attendance at their chosen school, and whether they are attending full-time or part-time.
Do Pell Grants need to be repaid after graduation?
No, Pell Grants do not need to be repaid, as they are grants and not loans. However, if a student withdraws from school or changes their enrollment status, they may need to repay part of the grant.