Unlike a loan, a Federal Pell Grant does not have to be repaid. Pell Grants are given generally only to undergraduate students who've not earned a bachelor's or even a professional degree. (In some cases, however, a student enrolled in a post-baccalaureate teacher certification program might receive a Pell Grant.) Pell Grants are considered a foundation of federal financial aid, to which aid from other federal and nonfederal sources might be added.
What amount of money am i allowed to get?
The highest Pell Grant award for the 2010-11 award year (July 1, 2010 to June 30, 2011) is simply $5,550. The total amount you receive, even though, depends not only on your financial need, but additionally with regards to your fees to attend school, your status as a full-time or even part-time college student, with your plans to attend school to get a whole academic year or less. Take note: The maximum merit amount is usually provided for almost any Pell Grant eligible student whose parent or perhaps guardian died because of military program in Iraq or perhaps Afghanistan after Sept.11, 2001. You must be under twenty-four years old or signed up at least part-time in college during the time of your parent's or guardian's death.
Further Pell Grants information
- Siemens Competition Scholarships – Math, Science and Technology Competition for High School Students July 9th, 2011
- AXA Achievement Scholarships for High School Seniors April 1st, 2011
- Scholarships for High School Seniors Entering College by U.S. Department of Education March 31st, 2011
- Federal Perkins Loans for Undergraduate, Vocational and Graduate Students March 31st, 2011
- Academic Competitiveness Grants (ACG) for First-Year and Second-Year College Students March 24th, 2011