Points to Keep in Mind When Applying

Written by Michael Bennet

Preparing yourself to apply for the government Pell Grant involves the submission of the FAFSA, or Free Application for Student Aid, in accordance with being able to satisfy the litany of eligibility requirements that will not only make you eligible for the Pell Grant, but for other kinds of federal student aid as well. While […]

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The Academic Competitiveness Grant: ACG

Written by Michael Bennet

The Academic Competitiveness Grant, or ACG award, is a federal educational grant that is given on an annual basis for first and second year undergraduate students who may have excelled academically, either in high school, or during their first year of postsecondary study. It was recently created in 2006-07 to encourage students to take challenging […]

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The Most Critical Pell Grant Guidelines

Written by Michael Bennet

While there are a number of eligibility requirements that students must satisfy in order to qualify, there are certain Pell Grant guidelines that must be fulfilled in order to receive, and maintain their eligibility status. The Pell Grant is a federal educational grant that is provided by the Department of Education, and it is not […]

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Defining a Pell Grant Overpayment

Written by Michael Bennet

A Pell Grant overpayment describes a situation where a particular student may have received Pell Grant aid when they weren’t supposed to. This typically happens when a student drops out of school, although it can also happen when certain types of financial aid weren’t reported to the college, and when there were errors made by […]

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The Federal Pell Grant Program Properly Deciphered

Written by Michael Bennet

The Pell Grant program was created in 1972 as an amendment to the Higher Education Act, and was originally called the Basic Educational Opportunity Act until it was renamed in 1980 after the Rhode Island Senator Claiborne Pell. It was originally created to provide financial aid to those who otherwise wouldn’t be able to afford […]

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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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Federal Stafford Loans

Written by Michael Bennet

Federal Stafford Loans used to be offered as either part of the FFEL, of Federal Family Education Loan Program, or as part of the William D. Ford Federal Direct Loan Program. Because of the elimination of the FFEL Program as a result of the Health Care and Education Reconciliation Act, beginning July 1, 2010 Stafford […]

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