Niche College Scholarship

Federal Pell Grant

Amount:
$7,395
Deadline:
June 30, 2024
Awards Available: Varies

Scholarship Description

The Federal Pell Grant is a form of federal financial aid awarded to undergraduate students who demonstrate exceptional financial need and have not yet earned a bachelor's, graduate, or professional degree. This grant, unlike a loan, does not have to be repaid under most circumstances.

Federal Pell Grant Details

  • The maximum Federal Pell Grant award is $7,395.
  • Amounts depend on various factors including family contribution, cost of attendance, and student status (full-time or part-time).
  • Eligible students can receive up to 150% of their scheduled Pell Grant award in certain situations (year-round Pell).

Eligibility Criteria

  • Typically awarded to undergraduate students without a bachelor's, graduate, or professional degree.
  • Available under specific conditions for postbaccalaureate teacher certification program students.
  • Eligibility for students confined, incarcerated, or in prison education programs.
  • Students with deceased military or public safety officer parents may qualify for additional funds.

Application Process

  1. Submit the Free Application for Federal Student Aid (FAFSA®) form.
  2. Understand your school's cost of attendance and how it impacts your aid.
  3. Check the Federal Pell Grant payment schedule to estimate your potential award.

The Federal Pell Grant provides vital financial assistance to students in need. It's crucial to understand your eligibility, how much you might receive, and the application process. Remember, you can receive Pell Grant funds for no more than 12 terms or the equivalent. Always contact your financial aid office for personalized advice and information.

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