Pell Grant Application
The Pell Grant Program provides need-based grants to lower-income undergraduate and certain post baccalaureate students to promote access to postsecondary education. Students may use their Pell Grants at any one of approximately 5,400 participating postsecondary institutions. Schools that considered Title IV are eligible to receive federal student aid, which include the Pell Grant. Students that are interested in receiving the Pell Grant must complete and submit the FAFSA, also known as the Free Application for Federal Student Aid.
Students can complete and submit the Pell Grant Application, FAFSA, either online or through regular mail. Students that complete the Pell Grant Application online must have a FAFSA PIN in order to successfully submit their application. Once the student has submitted their FAFSA, they will receive confirmation that their application has been received. Students that submit their application through regular mail should receive for receipt confirmation indicating that the Department of Education has received the application.
Once you complete and submit the FAFSA application, you will receive an EFC (Expected Family Contribution) score. This score will determine if you qualify for the Pell Grant. The EFC measures your familyís ability to pay for college. Your EFC score is calculated according to a formula established by law, which takes into account your family's taxed and untaxed income, assets, current benefits, your family size and the number of family members who will attend college or career school during the year.
Students that have a low EFC score are more likely to be eligible to receive a Pell Grant. In order to qualify for a Pell Grant, students must have a financial need. Thus, the neediest students will have an EFC score of 0 and may be eligible for the maximum Pell award if their cost of attendance is high enough and if they will be attending full time for a full academic year.
The EFC score can be found within your SAR, Student Aid Report, which is distributed to you once youíve completed and submitted you FAFSA. Students that submit the FAFSA online will receive the SAR faster, since there is less processing time needed. The Student Aid Report will indicate the total federal student aid that you will be eligible to receive for the upcoming school year.
Federal Pell Grants are direct grants for students 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.
Itís important to note that students must complete and submit a new FAFSA every year in order to be eligible to receive the Pell Grant. For example, Freshman must complete the FAFSA for their sophomore year even though they may have receive the Pell Grant during their freshman year. Students that are seniors and plan to graduate in the current school year are not required to complete the FAFSA, since they will no longer be attending school the following year.
Students that are eligible to receive the Pell Grant are considered low income and need additional financial aid to pay for their education.
Pell Grant Application | Pell Grant Requirements | Pell Grant Amount | 2011-2012 Pell Grant Eligibility | Pell Grant Application Deadline | FAFSA Pell Grant | 2012-2013 Pell Grant FAFSA Application |
Other useful and informative sites: Pell Grant Requirements | Pell Grant Qualifications | Pell Grant Eligibility | Parent Loan | Stafford Loan | Cal Grants