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Pell Grant

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The federal Pell Grant program provides need-based grants to low-income undergraduates.

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Contents

Overview

The federal Pell Grant program[1] provides need-based grants to low-income undergraduates and certain postbaccalaureate individuals.  These grants do not need to be repaid, unlike other student loans.  Grant amounts depend on the student's:

  1. expected family contribution (EFC)[2]
  2. cost of attendance
  3. enrollment status (full-time or part-time)
  4. attendance (full academic year or less)

A student can receive up to two consecutive Pell Grant awards within a single year.  The student must be enrolled at least part-time in a program that will lead to either an associate certificate or bachelor’s degree.

References

  1. http://www.access.gpo.gov/nara/cfr/waisidx_07/34cfr690_07.html
  2. http://www.fafsa.ed.gov/help/fftoc01g.htm

External Links

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