What is a Pell Grant?

pell grant

The Pell Grant is a financial aid given by the Federal government to students belonging to the lower income group. The purpose of the grant is to enable them to pursue undergraduate courses. Students pursuing a post baccalaureate teacher certification program may also avail the Pell Grant. This grant, unlike a student loan, need not … Read more

How many credit hours needed to be eligible for Pell Grant?

No one can be stopped from enriching their educational backgrounds, not even financial struggles. The Pell Grant scholarships are offered to students who are financially hard-up but want to complete an undergraduate degree. There are certain grading requirements that must be met by students. These are established in the Satisfactory Academic Progress for Federal Grant … Read more

Are You Eligible For Pell Grants?

In the present times, the cost of education is on the rise. On average, the cost of a private college is $20,000 per annum. Even the cost of education at a public university or college averages around $10,000 per annum. Thus students who belong to lower-income families find it difficult to pursue higher education. Statistics … Read more

Will previous debt to any school affect my Pell grant eligibility in any way?

The Pell Grant is given by the government to provide financial aid to low-income students who are otherwise unable to pay for their education, either for their undergraduate degrees or certain postbaccalaureate programs that can be certified. While there are only certain schools that are participating, there are at least 54,000 of these, so students … Read more

Do student loans count as income when applying for pell grant?

If you were a financially handicapped student back in college, applying for the federally budgeted Pell Grant may have helped you navigate your way through the university. See, the Pell Grant is sponsored by the government through the department of education and was formerly known as the Basic Educational Opportunity Grant. The Pell Grant is … Read more

Does financing a car affect pell grant eligibility negatively?

Nowadays, attending college and finishing a degree could prove to be difficult. Because of continually increasing tuition fees, most students coming from middle-class to lower-class families find it nearly impossible to finish college. There are a number of parents that cannot sustain their children’s schooling which is why these students still have to get part-time … Read more

Can you get a Pell Grant if you are in a bankruptcy?

With an unstable economy due to the recent global economic crisis, there are quite a lot of people who are suffering from deep financial problems. While some might just lose their jobs or settle for a lower-paying job, some people find themselves in deeper financial holes and eventually file for bankruptcy. This may have a … Read more

Can You Get a Federal Pell Grant with a Student Loan in Default?

Managing your finances while studying is hard, but it is extremely important. You must be extremely stringent and have everything under control. Letting things slip can really get you into trouble. The Federal Pell Grant offers real financial relief. More importantly, it is a scholarship and not a loan, so you will not have to … Read more