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Federal Pell Grant Program

Description
This program awards grants directly to students with payment made through the institutions. Federal Pell Grants are the "foundation" of student aid to which aid from other sources may be added.

Eligibility
Eligibility is determined by using a formula established by Congress that takes into consideration family financial circumstances. The formula produces an Expected Family Contribution (EFC) number that is used by the institution to determine the amount of the Federal Pell Grant.

Eligible students must:
  • Be undergraduates enrolled in an approved postsecondary institution as either part-time or full-time students who have not already earned a bachelor’s or professional degree
  • Be citizens or permanent residents of the United States

Amount
Amounts vary and are awarded on the basis of need, enrollment status, length of enrollment, and cost of education at the school the student attends. The maximum annual award for 2015-16 is $5,775; the minimum annual award is $588.

Application Procedure
Student applies for a Federal Pell Grant by filling out the Free Application for Federal Student Aid (FAFSA). The Federal Pell Grant is included as part of his/her total financial aid package. See your high school counselor or college financial aid officer if you have questions about applying for a Federal Pell Grant. You may learn more about this program and other federal programs of assistance by visiting the federal government website at http://studentaid.ed.gov/guide.

Other Information
You may learn more about this program and other federal programs of assistance by visiting the federal government website at http://www.studentaid.ed.gov/guide

Related Links
http://www.studentaid.ed.gov/guide
http://www.fafsa.gov/
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