Pell Grant

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Pell Grant

A grant that the federal government offers to students based on financial need. A Pell grant may be used to pay for education expenses (up to $5,500 in 2010-2011) for a first bachelor's degree. One must file a FAFSA to become eligible for a Pell grant.
References in periodicals archive ?
Federal Pell Grants, the primary means for subsidizing college tuition for low-income students, meanwhile, cover only a small fraction of students' costs at most institutions.
These grants can be used in addition to federal Pell Grants, which are awarded to students who have not earned a bachelor's or professional degree and gives students financial aid.
Department of Education to determine if awarding the Federal Pell Grant to students meeting these criteria if viable.
The cost of the federal Pell grant program has risen dramatically in recent years, increasing from $18 billion to $30 billion from 2008-09 to 2009-10 alone.
THE COST OF THE FEDERAL Pell Grant program has exploded in recent years, more than doubling from $14.
The cost savings generated from the transition to Direct Loans enabled an increase in the maximum federal Pell Grant award for the 2010-11 school year to $5,550, an $800 increase since 2009.
Groups such as the United States Student Association (USSA) argue that another way to make books more affordable is for Congress to continue increasing the federal Pell Grant, through which low-income students can receive aid not only for tuition but also for materials such as textbooks.
To qualify for PathwayOregon, Oregonians must be from lower income families, be eligible for the federal Pell Grant, submit a completed admissions application by Jan.
The Opportunity Grant is the state's primary need-based financial aid program, awarding aid to students based on income using the same formula as the federal Pell Grant.
Also note that no special reporting by institutions or states is required under the Federal Pell Grant Program.
For example, they will be eligible for educational aid of $5,350 next year, the same amount as the maximum federal Pell Grant.
The College Cost Reduction and Access Act expands one of America's most important and successful education initiatives -- the Federal Pell Grant Program.

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