What Happens to Unused Pell Grant Money?

Pell Grant is an educational grant given by the US Federal Government to low income families with 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

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

What the Pell Grant Money Can Be Applied too?

Students from low-income families are eligible for a Pell Grant. This scholarship is available from and awarded by the Federal Government. However, it is not disbursed by the Department of Education or any other Federal institution. The awarded sums are paid to students by the school they are attending. These education bodies are responsible for … Read more