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 a school hold Pell Grant money with no outstanding balance?

Education is certainly important, which is why the government has taken active steps to help people who are seeking further education to try to improve their career path once they graduate. The Pell Grant is a federally-approved grant given by the government to students with financial needs so that they can get their degrees from … 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

Getting Extra Pell Grant Funding for Extra Courses – Is It Possible?

Obtaining Federal student financial aid through your school is now easier than ever before. The process is simplified and the requirements are clearly stated. Still, there are some situations that are not explained in the general guidance booklets provided by schools. Given that the Pell Grant is the most common Federal Scholarship, it is perfectly … Read more