A Quick and Basic Award Definition

Written by Michael Bennet

While many people have a wide variety of interpretations of what the Pell Grant is, a proper Pell Grant definition is relatively simple and straight forward, and should clear up any misconceptions people may have about this financial aid instrument. A quick definition of the Pell Grant program would consist of the following statement, “the […]

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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, […]

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The Three Main Categories of Eligibility Criteria

Written by Michael Bennet

Getting a Pell Grant for college is something that most undergraduate students should at least consider if they may have difficulty coming up with the money that is needed to pay for school. The Pell Grant is a federal education grant that is given to roughly 11 to 12 percent of all undergraduate students from […]

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Accessing Your Pell Grant Funding

Written by Michael Bennet

Most students understand that the Pell Grant can provide them with up to 5,645 dollars per year to put towards their college expenses, but many fail to understand some of the critical intricacies of this federal award. The reality is that most Pell Grant funding is quickly utilized on tuition and various living expenses, and […]

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Applying for Scholarships Along With the Pell Grant

Written by Michael Bennet

Students often ask me about whether they can get both a Pell Grant and a scholarship during a particular award year. While this question seems to be fairly simplistic and obvious, the answer isn’t because it can sometimes be yes, and it can sometimes be no. Remember that the Pell Grant is based almost exclusively […]

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Pell Grant Cuts May Be Looming

Written by Michael Bennet

There may be several Pell Grant cuts on the horizon, as Congress must deal with an unexpected shortfall that could warrant what would be a 5.7 billion dollar funding cut. The vote should happen over the next few months, and if passed, this Pell Grant cut would reduce the maximum available Pell Grant amount by […]

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Locating a Pell Grant Calculator

Written by Michael Bennet

A Pell Grant calculator is essentially a software program that is able to determine your eligibility for the Pell Grant, and perhaps the amount of aid that you may be able to receive for a particular award year. The problem is that most Pell Grant calculators are unsuccessful at doing just that, and are essentially […]

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The Most Critical Aspects of the Federal Pell Grant Award

Written by Michael Bennet

The Pell Grant award is the most popular educational grant is existence today, and currently between 11 and 12 percent of undergraduate students receive this grant as part of their financial aid package. It was originally implemented to help give students with an exceptional level of financial need the opportunity to pay for college without […]

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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 […]

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How to Get a Pell Grant When Attending University

Written by Michael Bennet

Knowing how to get a Pell Grant is critical if you want to take advantage of this marvelous financial aid instrument. The truth is that getting a Pell Grant is really up to your ability to demonstrate to the Department of Education that you have an exceptional level of financial need, as the Pell Grant […]

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