Showing posts with label Pell Grant. Show all posts
Showing posts with label Pell Grant. Show all posts

Thursday, June 24, 2010

Getting Ready to Apply For a Pell Grant

If you are planning on attending college sometime in the near future you should be preparing to apply for financial aid. College is expensive, ridiculously expensive, and it is worth the time and effort to apply for everything out there with the hopes of getting at least a little aid from somewhere. One of the best kinds of aid that you can apply for is the Federal Pell Grant, as this award can provide you with a substantial amount of money for your college education, and it doesn't have to be paid back. Applying for the Pell Grant is a bit time consuming, but worth every minute. This is a Federal Grant that is based primarily on financial need, and the way this is evaluated by the federal government is by looking at an applicant's level of income.

Most money from the Federal Pell Grant is awarded to persons who come from families that have a combined income of between $20,000 and $50,000. Now, if you think immediately that you will not qualify and that you are not going to apply, stop and listen. It is also based on the number of college age students you have in your family. So even if your parents make over that amount of money, you may still be able to qualify as long as you have siblings that are going to be in college the same years as you are going to be. You all can apply for a Pell Grant at the same time, and there is a very good chance that you all will receive at least some aid by way of the Pell. Most students are unaware of this little informative nugget, but the real truth is that government understands that families who have multiple children in college will have a much more difficult time contributing anything towards their education-related expenses, and they therefore have implemented this rule in regard to the Pell Grant.

Jane Ferrer is an online writer who teaches people how to apply for Pell Grant, and how applying for a Pell Grant can give students the money they need to attend college.

Monday, June 21, 2010

A better understanding of the needs Pell Grant

One of the most asked questions by prospective college students is how they can go about qualifying for the Pell Grant. The rules and stipulations for getting approved for the Pell stay fairly consistent on a yearly basis, and can therefore be established as long as you are willing to keep an open mind. If you are interested in determining your eligibility for this award keep reading below to find out what the Pell Grant requirements are for being able to take advantage of this grant for your education-related expenses.

There are a couple of different things that you must satisfy when it comes to establishing your eligibility for the Pell Grant. Knowing what they are before you ever fill out the FAFSA is the best thing that you could do, as it will help you get through the process quicker and you will have all your questions answered at once.

If you do not know what the Pell Grant requirements are exactly, you shouldn't freak out, as they are fairly simple, and straight-forwaard to comprehend. Remember that this grant is an award that was put in motion by the United States government in order to benefit students that have a low income, and thus need a substantial amount of money for college. You are therefore going to have to demonstrate a high financial need that is based on either your families' income or your income alone in order to qualify for the Pell, as this is the most critical Pell Grant requirement there is.

There are however other requirements that will determine if you can become eligible for this grant. You need to be living as a resident of the United States on a legal basis, and you must have a high-school diploma or GED. The degree program you are participating in must either be an undergraduate program, or one of the few professional degree programs that may qualify, such as dentistry, or pharmacy. The actual program you are enlisted in must be participating in the Pell Grant program, and you must only be going to one school at a time to receive the Pell. Other requirements you should pay attention to include your criminal record, whether or not you have defaulted on previous federal aid, and your ability to make satisfactory academic progress in your program of study.

Pell grants are awesome when it comes to your education. They never have to be paid back and can help you afford your education better than without having one. Before getting started on your FAFSA application, make sure you gather all the necessary information as it will make the process go faster and you will find out if you are eligible for the Pell grant award.

Morgan Kramer is an online publisher who writes about the federal Pell Grant requirements.