What Happens to Unused Pell Grant Money?

Pell Grant is an educational grant given by the US Federal Government to low-income families with an average income of up to $60,000. Pell grant prioritizes families with lower average incomes who experience more financial difficulties especially in paying for college tuition fees. Families with incomes of less than $20,000 account for more than 57% of … 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 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