Education is a wonderful thing to have, but when you do not have enough to get you through it does that mean the end for you? Education is one of the rights afforded and safeguarded by the constitution that is why they have made considerations for students who want to finish their studies. Such is the case for the Federal Pell Grant, or simply referred to as the Pell Grant. Originally named as The Basic Educational Opportunity Grant, it was then renamed after Senator Claiborne Pell, hence the term Pell Grant.
A Pell Grant is very useful for students because unlike a student loan, it does not need to be repaid. However, Pell Grants are usually awarded to undergraduate students to help them earn their bachelor’s degree. Sometimes though, a student of master’s degree can also get a Pell Grant.
The good thing about the Pell Grant is that it is given to those who need it most. Students from low-income families are prioritized, thus financial information and background is required to be submitted when applying for a Pell Grant. To apply for the Pell Grant one must go to FAFSA, or the Free Application for Federal Student Aid. Visit the website here: FAFSA.
If you want to apply for a Pell Grant, you can use this guide:
- The Pell Grant in action. You will receive the grant from your school. Your school will apply the Pell Grant funds to cover for your tuition fee and other costs. They can also pay you directly by check. Your school will tell you in writing how much your grant is, and when you will be paid.
When you get your Pell Grant, review the terms and conditions for it to make sure you qualify for another round. If you did not qualify for the Pell Grant, do not despair. There are other sources of scholarships out there. You can start looking by visiting StudentAid to see which grants you qualify for.