Pell Grant

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Dictionary Says

Definition of 'Pell Grant '

A program that awards money to eligible undergraduate and, in certain situations, post-baccalaureate students. Unlike other Federal financial aid, the The Federal Pell Grant Program  does not need to be repaid. Pell Grants are needs-based grants that are intended to provide low-income students access to post-secondary education. Grant amounts are determined by the students' expected family contribution (EFC), the cost of attendance, whether the student is full- or part-time and whether or not the students attends a full academic year.

Investopedia Says

Investopedia explains 'Pell Grant '

Students can receive Pell Grant funding from one school at a time. Higher education institutions that participate in the Federal Pell Grant Program can credit the Pell Grant to the student's school account or pay the student directly, typically by check. The school must release funds at least once per term (semester, trimester or quarter), or at least twice per school year where semester, trimester or quarterly terms are not defined.

 

Search results for

'Pell Grant '

  • Student Loan Changes You Need To Know - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0910/Student-Loan-Changes-You-Need-To-Know.aspx
    ... Pell Grant Changes Nearly 8 million low-income students receive money from the
    Pell grant program, which began in 1973 to help needy students. ...
  • College Cost Reduction Act Helps Students Meet Payments

    http://www.investopedia.com/articles/younginvestors/07/college-cost-reduction.asp
    ... Bigger Pell Grants and Higher Loan Limits Lower income students will be able to
    receive an additional $500 in Pell Grant scholarships up to 2012, which could ...
  • Student Financial Aid Changes: FAFSA 2009

    http://www.investopedia.com/articles/younginvestors/09/fafsa-2009.asp
    ... Time line of Changes May 2009 After completing the FAFSA, instant access
    is granted for Pell Grant and student loan eligibility. ...
  • Your Kid's College Loan: Who Should Foot The Bill?

    http://www.investopedia.com/articles/pf/10/federal-student-loans.asp
    ... Even if you don't think you need a loan, you should still fill out this form because
    your child may be eligible for free money via a Pell Grant or a need-based ...
  • Student Loan Rules You Should Know About - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1111/Student-Loan-Rules-You-Should-Know-About.aspx
    ... These unsubsidized Stafford loans are being eliminated in order to shore up the
    Pell Grant program, which is currently more than $18 billion in debt. ...
  • Pay For A College Education With Retirement Funds

    http://www.investopedia.com/articles/retirement/07/college-retirement.asp
    ... aren't able to save (much) for either retirement or college, but do qualify for
    aid that covers most college expenses - including federal Pell Grants, (lowest ...
  • Are The Volunteer Corps Right For You?

    http://www.investopedia.com/articles/younginvestors/07/join-the-corps.asp
    ... The Segal AmeriCorps Education Award for completing a year of full-time service
    is equivalent to the maximum value of the Pell Grant for the award year in ...
  • Debunking 10 Budget Myths

    http://www.investopedia.com/articles/pf/08/debunking-budget-myths.asp
    ... When you apply for federal student aid such as the Stafford Loan, Perkins Loan or
    Pell Grant, you will fill out the Free Application for Federal Student Aid ...

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