Search for student loans from competing lenders at SimpleTuitionThe Federal Pell Grant is awarded according to financial need. Both Full-time and Part-time students are eligible. Federal Pell Grants do not require a minimum grade point average or other any academic requirements.
Upon receipt of a Pell Grant, your college will pay you directly or credit your school account.
Federal Pell Grant Eligibility:
•You must be a US Citizen.
•You must have a high school diploma or GED.
•You must be pursuing your first undergraduate degree.
•You must first register with the Selective Service if you are a male.
•You can only receive one Pell Grant per year.
•If you are eligible for a Pell Grant you may also be eligible for a Federal Supplemental Education Opportunity Grant (FSEOG)
Federal Pell Grant Amount:
•Amounts are based upon a student’s individual financial need and school costs.
•The amount depends upon whether an individual will be attending part-time or full-time.
•Grants are limited to the funding allotted by Congress.
•Each colledge will receive enough money to honor Pell Grants for all eligible students.
Applying for a Federal Pell Grant:
•You can apply for a Federal Pell Grant at your school’s financial aid office.
•To apply, you must fill out a Free Application for Federal Student Aid (FAFSA). Your application will determine the student’s level of eligibility and award amount based on financial need.
•You will receive the results of your application within two to four weeks.
There is a way to speed up the process. You can speed things up by requesting your electronic pin number so you can electronically provide your signature. You can apply for a personal pin number at www.pin.edu.
Please visit www.fafsa.ed.gov (Free Application for Federal Student Aid) to complete the financial aid form that is needed by your university or college to determine your financial aid eligibility. Good luck in your educational adventure!