Going Over the Pell Grant Payment Schedule

Written by Michael Bennet

A student’s Pell Grant payment schedule is something that students should at least have a general understanding of, as most Pell Grant aid is disbursed in a unique way that students may not be familiar with. This is because instead of receiving a check in the mail like a student would expect to receive with […]

Read More...

Making Use of the Pell Grant on Living Expenses

Written by Michael Bennet

Students are able to use their Pell Grant on living expenses as long as they are able to access their aid once their other account balances have been taken care of. Pell Grant money is sent directly to the student’s college, so they will have the final say as to how the aid is appropriated, […]

Read More...

Getting the Pell Grant While Attending School Part Time

Written by Michael Bennet

Students are now able to get a Pell Grant if they are attending school only on part time basis, and it now doesn’t even matter if the student is only taking 1 credit hour—they can still become eligible regardless. This has been a recent development with the Pell Grant program, as even a couple of […]

Read More...

Can I Use My Pell Grant on Books?

Written by Michael Bennet

This is a question I hear all too often from students, and the good news is that yes, students are able to use their Pell Grant on books, and other types of common school supplies. This is because the Pell Grant was designed to be utilized towards a student’s education related expenses, and books are […]

Read More...

The Obama Pell Grant Expansion: Critical Points

Written by Michael Bennet

The Obama Pell Grant expansion was originally signed into law in the spring of 2010 under the guise of the Student Aid and Fiscal Responsibility Act, or SAFRA. This piece of legislation brought about a significant expansion of the Pell Grant program, allowing hundreds of thousands of additional students to receive the Pell Grant for […]

Read More...

The Definitive Explanation of the 2011-2012 Pell Grant Cuts

Written by Michael Bennet

Due to an unexpected shortfall in funding for the federal Pell Grant program for the 2011-2012 school year, Congress voted to reduce funding by several billion dollars in the Spring of 2011. While at first it was speculated that the maximum available Pell Grant amount was going to be significantly reduced, along with the overall […]

Read More...

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 […]

Read More...

Pell Grant Reform and Future Via SAFRA

Written by Michael Bennet

The Pell Grant is continuing to evolve on a yearly basis, with recent changes being handed down as a part of the Student Aid and Fiscal Responsibility Act (HR 3221), or SAFRA. This new legislation was included in the Health Care and Education Reconciliation Act of 2010, and was passed on March 30, 2010 by […]

Read More...

The Critical Federal Pell Grant Eligibility Criteria

Written by Michael Bennet

The federal Pell Grant eligibility criteria for the 2012-13 school year have been modified slightly due to the enactment of the Student Aid and Fiscal Responsibility Act, or SAFRA. This bill was included as part of the Health Care and Education Reconciliation Act of 2010, and was signed into law on March 30, 2010 by […]

Read More...

Federal Pell Grant Eligibility Changes for 2011-2012

Written by Michael Bennet

The Pell Grant as a financial aid award is continuing to evolve on a yearly basis, and the 2010-2011 and 2011-2012 school years have been no exception. While the SAFRA legislation implemented many of the changes that are listed below in 2010-11, a recent vote in Congress has reformed the Pell Grant program once again, […]

Read More...