Blog

Browse All Blog Topics

Pell Grants

Aug 29, 2007

by Scholarships.com Staff

Some of the best things in life are free, especially when it comes to financial aid. Students who fill out a FAFSA will quickly realize that a world of financial assistance is at their fingertips. Of all government aid, Pell Grants are definitely the sweetest. Providing aid to millions of undergraduate students each year, the Pell Grant is the largest grant program in the U.S.

Used loosely, a grant is a monetary award that does not need to be repaid. Graduate school grants tend to come with some research strings attached, but not the Pell Grants. All students who submit a FAFSA will be automatically considered for Pell Grants, and all they need to do is to fill out the admittedly pesky form. Information about whether they qualify for aid and how much aid they qualify for will be sent to students by their respective colleges. These school "award letters" will usually arrive sometime between March and April, though dates do vary.

Students who got into college by the hairs of their chinny chin chin need not worry about being ruled out for aid. Pell grant money has nothing to do with GPA, athletics, involvement, talents, and all other things that make the average student shudder. These awards are based mainly on financial need.

If you are raising your eyebrow suspiciously, you deserve a pat on the back: Pell Grants are not perfect. The government can help you, but only to a point. Aside from the financial aid eligibility issue, Pell Grants have fairly low caps. For the 2007-2008 year, the maximum Pell Grant award is $4,310, and this is not the award most students will receive. The amount of aid a student will receive depends on financial need, the cost of school attendance and the length of stay. The hourly status of a student is also considered. Students who can fit their schoolbooks into a purse will receive less aid than those who attend full time. Graduate school students, unfortunately, are not even eligible. Students who cannot attend with under $5,000 in grants may need to look elsewhere for financial aid. Students who show extreme need, graduate from a competitive school or plan to major in the math & sciences may be eligible for additional government grants. Those who don’t should consider applying for scholarships, non-government grants and fellowships. A great place to perform a financial aid search is Scholarships.com. With 2.7 million scholarships & grants worth over $19 billion, Scholarships.com has something for everyone.

For more information on Pell Grants, visit Student Aid on the Web.

For additional information on financial aid, visit the Resources Section of Scholarships.com.

Going to college doesn't have to break the bank or saddle you with tens of thousands of dollars in student loan debt. Check out the Scholarships.com free college scholarship search where you’ll discover you qualify for hundreds of thousands of dollars in scholarships in just a few minutes, then apply and win! It’s that easy!

Discuss

Share your thoughts and perhaps thousands of students will benefit from your unique insight on the subject!



If you can read this, don't touch the following fields


 

Most Shared Articles

Fighting crime is no easy task and is not meant for everyone. Careers in criminal justice aren't limited to police officers. You can study to be a criminal law paralegal, a crime lab analyst or even work for homeland security. If you plan to take this route, don't forget to apply for these solid scholarships to reduce debt while also doing your part to reduce crime: [...]

0 months ago 0 comments Read More

Due to Oregon's $1.8 billion budget crisis, public university leaders want funding reallocated from the Promise program to the state's need-based grant, which is awarded to low-income students who attend Oregon's public universities. [...]

0 months ago 0 comments Read More

The traditional college route isn't the best choice for everyone. There are ample scholarship opportunities for students who opt for a vocational career, whether it be in the plumbing, carpentry, electrical, firefighting or many others. If you want to learn or hone a specific skill as an alternative to attending a more traditional four-year college, take some time to consider these vocational scholarship opportunities: [...]

0 months ago 0 comments Read More

Wheaton College, a liberal arts college in Massachusetts, has created a refugee scholarship following the POTUS' immigration order in an effort to preserve their "foreign-born community." Another scholarship called The Privilege Grant, was recently created and is exclusively for white men "pursuing college on equal footing with their female, queer and ethnic minority classmates." [...]

0 months ago 14 comments Read More

February is Black History Month, or National African-American History Month, and is annually spent celebrating the achievements and contributions of black Americans in U.S. history. MLK had a dream - what is yours? Ours is helping you go to college with as little debt as possible. If that's your dream, check out these Black History Month-inspired scholarships: [...]

0 months ago 1 comments Read More

Living the college life has gotten way more expensive since 1980, and not including just tuition and fees. While many types tuition freezes, government tuition-free programs, scholarships, and grants help foot the tuition bill, housing and food remain uncovered, according to MarketWatch. [...]

1 months ago 2 comments Read More

The NFL Super Bowl is right around the corner, and while you may be enjoying the highly entertaining commercials or half-time show, we’ve compiled a list of football scholarships for those of you who one day aspire to play in the Super Bowl. If you have a passion for the game and wish to play at the collegiate level and beyond, check out these award opportunities and get paid to play: [...]

1 months ago 0 comments Read More

At elite colleges, more students come from the top 1 percent than the entire bottom 60 percent, according to a new study. While roughly one in four of the wealthiest students attend elite schools, including five Ivy League schools, graduating college helps "level the playing field for students of all socioeconomic backgrounds," according to Inside Higher Ed. [...]

1 months ago 0 comments Read More

Not all scholarships are awarded to the best writers with the strongest essays. So whether you're too busy writing other essays for school or simply not the best at literary composition, there are scholarship providers that dole out funds for unique hobbies or skill sets; or even for simply entering a contest. Check out these no-essay (or essay-alternative) awards for a chance to fund your college education:: [...]

1 months ago 3 comments Read More