Pell Grants are grants from the federal federal government to help college students in having to pay for university. Pell Grants ought to not be baffled with student loans, because Pell Grants do not have to be compensated back again. College students can use a Pell Grant only at authorized colleges beneath the Federal Pell Grant Plan.
System Primarily based On Earnings
The Federal Pell Grant Plan offers grants to reduced Revenue college students to go to university that or else could not manage it.
Amount Based mostly on Earnings
Pell Grant quantities differ, Primarily based on home Revenue, assets, home dimension, and whether or not other college students in the home are attending university.
Based mostly on College Expense
Pell Grants fluctuate in quantities, given that it is Based mostly on the tuition fees at the university which the student is attending.
Total Time and Portion Time Pupils
Pell Grants quantities also count on if you are a Entire time or Aspect time student.
One particular College Rule
Pell Grants are compensated to only A single university at a time; a student can not go to two universities and get a Pell Grant for the two.
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