Do you want to know How to Obtain a Federal Pell Grants worth $5, 920 its Eligibility and application process? and stand a chance to complete your post-secondary education?
The Federal Pell Grants nonetheless is the largest body of federally funded grants that offer financial aid to assist low-income undergraduates and post-baccalaureate students.
Nevertheless, the aim is to assist these students in providing access to vocational education with fair principles and requirements.
Unlike other platforms that offer loans, the financial aid from Federal Pell Grants is free without a refund.
However, These grants are usually stipulated for undergraduate students and solely based on your financial need.
In getting this grant you must meet up with all the general federal student aid eligibility requirements and also complete every process.
You must also provide all the required information to complete the application process that’ll make you eligible for the Grants.
This post will guide you through all the eligibility requirements you need and still guide you on all you need to know.
And, also help you figure out what it takes to be eligible, as the eligibility criteria get confusing sometimes.
What is Pell Grant?
Are you confused about what Pell Grant is? Then grab a seat and keep reading as we engage you with accurate information and things you don’t know about Pell Grants.
Pell grants an intricate platform. it had a beginning and also its fertile stage which we are benefitting from right now.
However, At the time of Lyndon B. Johnson’s presidency, the Higher Education Act (HEA) of 1965 was passed by the congress.
The Higher Education Act program provided federal-funded financial aid in form of grants and loans, to students who come from average still with low families who find it difficult to afford their vocational tuition.
However, The politicians at that time were selfless and representing and they needed a positive way to impact the citizens.
They felt the best way to ensure better educational opportunities for citizens was to mollify the financial burdens in aspects of education.
Senator Claiborne Pell in 1972, worked hard to expand and redefine the Higher Educational Act, eligibility requirements for federal-funded grants (formerly known as Basic Educational Opportunity grants)
And it was made more inclusive in 1978 and the platform was renamed in the honor of Senator Claiborne Pell.
Pell Grants is now an equally important financial aid foundation for a lot of students across the US.
The first-year grants were awarded to 176,000 recipients, it is still on-going till date.
Pell Grants are still out for eligible candidates you could be one of those eligible candidates.
There’s still something important you should know about Pell Grants.
However, The Pell grants award you’ll receive if you’re eligible is based on your financial need, status as a part-time or full-time student.
Additionally, students cannot receive Federal Pell Grants from more than one school at a time.
What does Pell Grant Pay For?
Correspondingly, Pell Grants are great resources for students who could use more help paying for schools.
But there are some certain restrictions you should know about what Pell Grants pay for.
The Pell Grant is meant specifically to help students pay for vocational schools
In that case, it can only be used for school-related expenses which can include tuition, room, board, and school fees.
Pell Grants also covers your textbooks’ expenses, supplies, transportation, and even food.
Your Grant would be secured though, it’ll go directly to your school authority to keep it for you.
And it will also be applied to appropriate charges like tuition, room, and board expenses.
Therefore, the maximum annual Pell Grant award amount is about $5775 depending on your reason for application.
Additionally, there’s also a lifetime maximum. The lifetime maximum is equal to 600% of your yearly eligibility.
Each year you apply for the Pell Grant via Free application for Federal Student Aid (FAFSA).
Furthermore, You will automatically be eligible for a particular amount of money depending on your lifetime maximum.
Apart from Pell Grant aid limits, there are still some restrictions that could disqualify you from receiving the grants
There are family financial limits the Pell board consider before issuing grants to a citizen.
However, Eligibility limits for the Pell Grants are based on your family’s Expected Family Contribution (EFC).
Your expected family contribution (EFC) is generated when you submit your FAFSA.
All EFC’s below $5081 for the academic year still qualify for Pell Grants with an aid of about ($600-$5775).
By using your EFC, you can also estimate how much Pell Grant you’re receiving using the Pell Grant Calculator.
What are the Pell Grants Requirements?
There are few eligibility requirements you need to know about before applying for Pell Grant.
- You must have a high school diploma, GED, and still provide an approved homeschool education
- Be enrolled or still accepted to enroll in an eligible degree/certificate program
- You must also be registered with Selective Service if you’re male and 18-25 years old
- Have a valid Social Security Number (unless you’re from the Marshall Islands, Micronesia, or the Republic of Palau).
- Sign statements on the FAFSA stating that you’re not in default
- You must also not owe refund money on a federal student loan
- Must still maintain Satisfactory progress in School
- And must also be a US citizen or US national
- Have or own a green card
- You should also provide an Arrival-Departure Record (1-94)
- Have a battered immigrant status
- Also, you need should have a T-Visa
However, These are all the requirements necessary in applying for federal Pell Grants financial aid.
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What should I do to maintain the grant?
If you want to maintain your Federal Pell Grant, you must still maintain enrollment in any undergraduate course of study in a non-foreign school.
Also, you must also fill all the required information on the FAFSA form every year while you’re in school.
By doing so you will reserve your eligibility for the Federal grant and stand a chance of getting the grants.
However, you might be disqualified for the grants if you’re found not sincere in your application process.
Also, if you have used all your 12 terms of eligibility, or earned a baccalaureate or professional degree.
In the same fashion, the Federal Pell Grants are awards initiated by the federal government.
To support low-income students in accessing post-secondary education regardless.
Always keep in mind that before you think of applying for Pell Grants you should have completed all the FAFSA application process.
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