The Federal Pell Grant is usually awarded to undergraduate students who have not earned any bachelor or professional degree and have demonstrated an exceptional financial need. This grant is considered as a foundation of federal student financial aid.
The money for this is coming directly from nonfederal or federal sources. This loan does not need repayment so you do not have to worry about anything but just getting good grades in school.
In some cases, students enrolled in a post baccalaureate teacher certification program might receive a Federal Pell Grant. Effective July 1 2012, a scholar can receive the Federal Pell Grant for no more than 12 semesters or the equivalent (roughly 6 years). You will receive a notice if you are getting close to your limit.
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The US Department of Education is the main sponsor of the grant and is also, responsible for evaluating the financial need of the student. This grant has helped almost 10 million full time and part time college and vocational students all over US.
You are not eligible to receive a Federal Pell Grant if you are incarcerated in a federal or state penal institution or are subject to an involuntary civil commitment upon completion of a period of incarceration for a forcible or nonforcible sexual offense.
Award: maximum for 2011 to 2012 is $5,550. The average grant in 2012 to 2013 was $3,711. In 2014 to 2015, the grants range from $587 to $5,730. For the 2015 to 2016, the maximum award is $5,775.
The amount of the award depends on the following
- Student’s EFC or expected family contribution
- Your financial need
- Cost of attendance or the cost of attending school
- Student’s enrollment status, either full time or part time
- Evaluation of the student’s plan to attend a full academic year or less
Know more about the calculations here https://studentaid.ed.gov/sa/sites/default/files/2012-13-efc-forumula.pdf
A student has the opportunity to receive 2 consecutive Federal Pell Grant award in a single award year, but not receive Federal Pell Grant funds from more than one school.
Receiving a Pell Grant in July 1, 2008 would mean receiving the Pell Grant for up to 18 semesters or its equivalent.
If you’re eligible for a Federal Pell Grant, you’ll receive the full amount you qualify for each school participating in the program receives enough funds each year from the U.S. Department of Education to pay the Federal Pell Grant amounts for all its eligible students. The amount of any other student aid for which you might qualify does not affect the amount of your Federal Pell Grant.
Read more here https://studentaid.ed.gov/sa/types/grants-scholarships/pell
How can you receive a Federal Pell Grant award?
Inquire at your school. Your school may apply the Pell Grant funds to your school costs. The school will pay you directly by check or any method convenient to them.
The school will tell you in writing the amount of the award, how you get paid, and when you get paid. The school is authorized to disburse Pell Grant funds at least once per term, semester, trimester, or quarter or disburse funds at least 2 times per academic year.
To apply for a Federal Pell Grant you should complete the free application for Federal Student Aid (AFASA) here: http://www.fafsa.ed.gov/#
The Federal Pell Grant Program provides need-based grants to low-income undergraduate and certain post baccalaureate students to promote access to postsecondary education. Students may not receive Federal Pell Grant funds from more than one school at a time.
The Pell Grant is named after Democratic U.S. Senator Claiborne Pell of Rhode Island, and was originally known as the Basic Educational Opportunity Grant. A Pell Grant is generally considered the foundation of a student’s financial aid package, to which other forms of aid are added.
Typically, the college first applies the grant or loan money toward a student’s tuition, fees, and (if the student lives on campus) room and board. Any money left over is paid to the student for other expenses: books, living expenses if the student does not live on campus, and transportation
Federal Pell Grant eligibility requirements
You can apply to the Federal Pell Grant if you satisfy any of the following requirements
- You must be an undergraduate student who has not earned any bachelor or professional degree.
- You are incarcerated in a Federal or state penal institution.
- You are enrolled in a post baccalaureate teacher certificate program or another program that may lead to a degree, certificate, or associate. This means you need to be enrolled half time in a program that leads to an associate, certificate, or bachelor’s degree.
Below are the basic requirements you need to complete besides the Federal Pell Grant eligibility requirements
- Social security number
- US citizenship or eligible non-citizen
- High school diploma or GED certificate
- Evidence of state approved homeschooling environment (if homeschool)
- Use the grant with any one of the 5,400 post secondary institutions participating in the Federal Pell Grant program
Federal Pell Grant program description
The Federal Pell Grant program promotes access to post secondary education by providing the needs of the students with a kind of student need based grant that does not require repayment.
The financial needs of the student will be determined using a standard formula by the US Department of Education. The information you put in your FAFSA application will be used to evaluate your financial information including your family’s EFC.
Financial evaluation fundamental elements
- Student’s income or assets if independent
- Parent’s income and assets if dependent
- Household size
- Number of family members attending post secondary institutions
What is an EFC?
The EFC is the sum of the following
- Percentage of net income
- Percentage of net assets
What can you expect after filing of the FAFSA?
The student will receive a Student Aid Report (SAR) or a notification from the institution that she or he is eligible for the Federal Pell Grant. The EFC will be provided to the student. The institution will also receive the Institutional Student Information Record (ISIR).
Usually, students with family incomes of up to $65,000 may be eligible for the Pell Grant. In some cases, family incomes below $30,000 almost always receive the grant. There are no charges in applying for the grant.
If you are eligible for a Federal Pell Grant, you will receive the full amount you qualify for. Each school participating in the program receives enough funds each year from the US Department of Education to pay the Federal Pell Grant amounts of each eligible student.
The amount of any other student aid for which you might qualify does not affect the amount of your Federal Pell Grant.
You can also apply for the Federal Pell Grant if your parent or guardian died as a result of the military service performed in the Iraq or Afghanistan after the events of 9/11. Your EFC would be calculated as zero with the following required conditions
- If at that time of your parent or guardian’s death you were less than 24 years of age or
- Enrolled in college or career school at least part time
For more information about the Irag and Afghanistan Service Grant and Federal Pell Grant, please visit the FSA website.
The Federal Pell Grant Program provides need based grants to low income undergraduate and certain post baccalaureate students to promote access to post secondary institutions. Students may use their grants at any one of approximately 5,400 participating post secondary institutions.
Federal Pell Grants are direct grants awarded through participating institutions to students with financial need who have not received their first bachelor’s degree or who are enrolled in certain post baccalaureate programs that lead to teacher certification or licensure.
The participating institutions either credit the Federal Pell Grant funds to the student’s school account, pay the student directly (usually by check) or combine these methods. Students must be paid at least once per term (semester, trimester, or quarter).
You can read more about the Federal Student Grant Programs here https://studentaid.ed.gov/sa/sites/default/files/federal-grant-programs.pdf
Or see the PDF belowfederal-grant-programs
Contact Information of the Federal Student Aid
Contact Information of the Federal Work-Study Aid
Federal Student Aid Information Center (FSAIC)
Telephone: 1 800 433 3243
Telephone for the hearing impaired: 1 800 730 8913
Locations without access to 800 numbers: 319 337 5665