Pell Grant Eligibility EFC and Financial Need

Written by Michael Bennet

If you want to become eligible for the Pell Grant you must demonstrate the appropriate financial need. Because the Pell Grant was designed to benefit students that come from low-income families, the level of need that that must be exhibited to qualify is quite high. Financial need as determined by the Department the Education is […]

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Is There A Pell Grant Deadline?

Written by Michael Bennet

The Pell Grant deadlines that you must take into consideration involve when you have to submit a FAFSA, and when you have to attend classes for a particular semester. The Pell Grant deadline that has to do with submitting a FAFSA is important because you won’t be considered for the Pell Grant unless you complete […]

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Important Pell Grant Information To Keep In Mind

Written by Michael Bennet

There is a variety of important Pell Grant information to keep in mind for the current award year. Most of these things have stayed roughly the same on a yearly basis, although with the implementation of the Student Aid and Fiscal Responsibility Act, some of these items are new, and should be studied more closely […]

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How To Use Your Pell Grant Money

Written by Michael Bennet

Pell Grant money is only supposed to be used towards education related expenses. You must sign a statement that will certify this before you will be able to receive any actual aid, and if you violate this statement you may have to return part, or all of your Pell Grant award package. Once your college […]

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How Can I Determine My Pell Grant Status?

Written by Michael Bennet

To determine your Pell Grant status you must first have already completed the FAFSA, as this is the universal application for federal student aid that that will also make you eligible for a Pell Grant. Once you have filled out the FAFSA, a Student Aid Report, or SAR, should have been generated and sent to […]

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Can I Get A Summer Pell Grant?

Written by Michael Bennet

It is true, you can now get a summer Pell Grant, although because of the recent Congressional vote that took place in the winter-spring of 2011 you will not be able to get more than one Pell Grant award per school year. This means that to get a summer Pell Grant you would have to […]

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What Is Verification?

Written by Michael Bennet

Verification is the process by which a postsecondary institution confirms the accuracy of the information that is provided from within a student’s FAFSA. Not all students that submit a FAFSA are chosen for verification, while some schools do mandate that all of their students be subjected to the verification process. The FAFSA federal processor selects […]

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The Federal Perkins Loan Program

Written by Michael Bennet

The Federal Perkins Loan Program was designed to benefit students that demonstrate a high financial need for aid to attend college, and in this respect it is very similar to the federal Pell Grant program. The Perkins Loan Program is in-fact a loan however, and must be paid back at some point, although it carries […]

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The Official Student Loan Primer

Written by Michael Bennet

While the Pell Grant can provide you with a substantial amount of money to put towards your college education, sometimes it just isn’t enough. College tuition and other education related expenses are rising every year, and if you want to attend the school of your choice it is often customary to go into debt when […]

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What Are Scholarships?

Written by Michael Bennet

Scholarships are similar to grants in that they never have to be paid back under normal circumstances, and if you are interested in maximizing your chances of paying for your entire college education with financial aid, it is critical that you at least consider what scholarships you may be eligible for during any particular award […]

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