Federal Pell Grants For Undergraduate Students. Federal Pell Grants usually are awarded only to undergraduate students who display exceptional financial need and have not earned a bachelor’s, graduate, or professional degree.
You are not eligible to receive a Federal Pell Grant if you are incarcerated in a federal or state penal institution or are subject to an involuntary civil commitment upon completion of a period of incarceration for a forcible or nonforcible sexual offense.
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How Do I Apply
You can apply by submitting a Free Application for Federal Student Aid (FAFSA®) form. Schools use the information on the FAFSA® form to determine your eligibility for a Pell Grant, and if so, how much you’re eligible to receive. You will have to fill out the FAFSA form every year you’re in school in order to stay eligible for federal student aid, including Pell Grant awards.
A Federal Pell Grant, unlike a loan, does not have to be repaid, except under certain circumstances. Find out why you might have to repay all or part of a federal grant.
You may not receive Federal Pell Grant funds from more than one school at a time.
How much money can I get ?
Amounts can change yearly. The maximum Federal Pell Grant award is $7,395 for the 2023–24 award year (July 1, 2023, to June 30, 2024).
The amount you get, though, will depend on
- your Expected Family Contribution,
- the cost of attendance (determined by your school for your specific program),
- your status as a full-time or part-time student, and
- your plans to attend school for a full academic year or less.
To estimate how much you could qualify for, you’ll need the cost of attendance for your school and your Expected Family Contribution (EFC). Once you have those, you can check the 2023–24 Federal Pell Grant payment schedule for an estimated award amount.
In certain situations, an eligible student can receive up to 150 percent of his or her scheduled Pell Grant award for an award year.
For example, if you are eligible for a $2,000 Pell Grant for the award year and are enrolled full-time for both the fall term and spring term, you’ll likely receive $1,000 in the fall and $1,000 in the spring. However, under certain circumstances, you may be eligible to receive up to an additional $1,000 for attendance in an additional term within that award year (resulting in your receiving 150% of your original award). You might hear this situation being referred to as “year-round Pell.” For details, contact your school’s financial aid office.
How To Apply;
Visit the official site to apply; https://studentaid.gov/understand-aid/types/grants/pell
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