Federal Pell Grants
A Federal Pell Grant, unlike a loan does not have to be repaid. Pell Grants are usually only for students who do not deserve a bachelor's or professional degree. Pell Grants are considered a foundation of federal financial aid to which aid from other federal and nonfederal sources might be added.
How much can I get?
Pell Grant award amounts for the years 2005-2006 (July 1, 2005 to June 30, 2006) is from $ 400 to $ 4050thHow much you get depends on your Expected Family Contribution, your cost of attendance, if you are a full-or part-time are studied, and whether you attend a school for a full academic year or less. You may only receive a Pell Grant in an award and you can not receive Pell Grant funds from more than one school at a time. See http://www.fafsa.ed.gov for more information.
If I am right, as I Pell Grant money?
Your school can apply Pell Grant funds for yourSchool costs, you pay directly (usually) by check, or combine these methods. The school must tell you in writing how much will your award and how and when you will be paid. Schools need) to pay money at least once per term (semester, trimester or quarter. Schools that do not use semesters, trimesters or quarters disburse funds at least twice per school year.
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