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StudentFinAidInfo - How Much One Can Get Pell Grant, Financial Aid FAQ




Question: What exactly is a pell grant?
i received FAFSA money for college, and now I received a pell grant..im confused, is this money to be used towards college..what is it exactly?

Answer: first, FAFSA is the name of the application it stands for ...
first, fafsa is the name of the application it stands for Free Application for Federal Student Aid. There is no "FAFSA money". When you apply for federal financial aid (using the FAFSA) you are applying for grants (Pell), loans (Stafford, Perkins, PLUS, etc.) and Work Study.

The Pell you received is a result of you applying for what you call FAFSA money. Yes, it is to be used for college. Your Pell grant will be sent directly to the school to help pay your tuition, books, dorm, etc. If there is money left over after all this is paid, the remainder will be given to you to pay for such things as gasoline, supplies, living expenses... This is a good book about financial aid. DONT BORROW MONEY (Subsidized Stafford and Perkins loans) unless you absolutely have to. In other words, if your Pell isn't going to cover the cost of your tuition.

Answer: It is basically FAFSA money. It is a simple government ...
It is basically FAFSA money. It is a simple government education grant ranging from around $300 and topping out around $4000. The amount of the award is based on household income and it gets paid directly to the school. If there happens to be a difference in your favor after the school is paid you'll get to keep the balance. Since it is a grant it carries no obligation to pay it back or to do anything other than spend it.

Answer: Basically it's money that you don't have to pay back ...
Basically it's money that you don't have to pay back that is used to pay for your college education. http://www.fafsa.ed.gov/index.htm

Answer: A Pell Grant is a government grant you applied for when you ...
A Pell Grant is a government grant you applied for when you filled out the FAFSA. It's the best type of federal aid you can get, because it's money you don't have to pay back. It is to be used toward tuition, and you qualified because your Expected Family Contribution on FAFSA was below a certain cutoff (around $4000 I think).


Question: How much of a Pell Grant can I get w/ EFC of 0?
This has never happened before...EFC of 0 I mean. I attend school online - it's usually 3300.00 for 10 credits...I got $915 each term last year from Pell...What do you think I will get this year?

Answer: With an EFC of 0, you can usually get the max, but it ...
With an EFC of 0, you can usually get the max, but it depends on the school you're attending, the funds that are available, and the number of hours you take. Talk to your FA Administrator or visit the FAFSA website at http://www.fafsa.ed.gov/before003a.htm Good Luck!!!!



Answer: Like mentioned above it does depend on different ...
Like mentioned above it does depend on different circumstances. As a second yr student (online) with an EFC of 0 I will recieve 2366/semester. You can contact your financial aid office and they should be able to tell you an estimate.

Question: I owe money for a pell grant because I didnt finish the semester and want to pay it off.?
How do I find the creditor for this debt? Where should I start looking. I want to find the right one so I do not start getting harrasing phone calls from creditors for other debts!!

Answer: Talk to the financial aid department of your school. They ...
Talk to the Financial Aid department of your school. They should have all the answers for you.

Answer: Depending on the reason you did not finish the semester you ...
Depending on the reason you did not finish the semester you might not have to pay it back. Do call your school's financial aid office and speak to them they will help you. My son had to drop classes because I became ill during the term and they said he would not have to pay it back because it was considered and unavoidable circumstance. gl


Question: Pell grants, What does it mean when they ask for this?
What does it mean when financial aid asks for Documenation of Student Living Expenses? They told me that I had all the paperwork in, and then they ask for this. I am finalizing 2007-2008 financial aid. Have you ever seen this being asked?

Answer: If I remember correctly, I used the information from the ...
If I remember correctly, I used the information from the (chosen) college website which gave projected dollar amounts for student living expenses per semester and maybe also per year.

Question: How much does a particle pell grant pay for my schooling?

Answer: You will be awarded a Pell grant that is figured on your EFC ...
You will be awarded a Pell grant that is figured on your EFC and what school you will attend.

Answer: About $4,000
about $4,000

Answer: A "partial" Pell grant means you will get some ...
A "partial" Pell grant means you will get some Pell grant, but not the full amount. Unless the school tells you or you can produce your EFC and how many hours you are enrolled in, no one will be able to answer that for you. It can be anywhere from a few hundred dollars to up to a little over 4 thousand a year.

Question: What is the minimum amount of hours for Pell Grant in Summer terms?
I know that will Spring and Fall it is 12 hours minimum. What about per summer term? I had appied but did not turn in tax forms to complete process for 07-08. They said if I am approved it will cover summer terms. I just don't know if there is a minimum.

Answer: You can get a Pell and go part time. As little as 1 credit ...
You can get a Pell and go part time. As little as 1 credit hour!!! It won't be as much as if you go full time, but some still get a little money. The question here is really, "Will I get a Pell if I attend this summer?" and the answer to that will depend on if you used all your Pell eligibility during the Fall 07 and Spring 08. If you did, then you won't get ANY for the summer no matter how many hours you enroll in. If, (say you sat out one of those semesters), then you would get Pell. During the summer 6 hours is considered full time.... but like I said, you can get Pell going part time... it's loans that they limit you to full time or sometimes half time.


Question: filed FAFSA as indpendent this year and efc says I dont qualify for pell grant?
this is third year in school.. for the past 3 years I have filed as a dependent and gotten the full benefit of pell grant. This year I filed as indpendent and got turned down. It probably had something to do with parents welfare benefit. My question is, can I correct FAFSA by adding parents information even though im considered indpendent so I am eligible still for financial aid. im transfering out this year to a state college and it will be more expensive. How do they determine eligibility...because they turned me down and I cant afford tuition at the state college. do I have to work butt off double shifts? so confusing

Answer: You can really only correct something when it's entered ...
You can really only correct something when it's entered wrong in the first place. If you are considered "independent" on the FAFSA, then you cant correct it unless it was a mistake. Technically you can go in and add their information, but it would still not be considered in determining your Pell eligibility because you are 24 years old, married, have kids, or meet one or more of the other "independent" criteria.

Question: My EFC is zero How much should I expect in a pell grant?
i have a big family so EFC is 0 (that means I get a free ride right) but idk if that will cover off campus housing, I dont think that it does so I was woundering if a pell grant will. if so how much should I expect to get from that with an ECF of 0?

Answer: kinside: I believe you get the full benefit of pell grant plus other ...
i believe you get the full benefit of pell grant plus other grants. the college determines the amount you get. good luck

Answer: If your EFC is 0 it does not necessarily mean you are going ...
If your EFC is 0 it does not necessarily mean you are going to get a "Free Ride". It depends on the school you choose and the cost of your tuition. For next year (Fall 08 and Spring 09) the max Pell grant is around 4,700 for the year. Weather it will pay your housing depends on how expensive your tuition is. If you attend a cheap school with a tuition of less than this amount -- it will... if you choose to attend an expensive school with tuition alone costing you over this amount, then no.. it won't pay for your housing. If you choose to attend a community college and don't live in the dorms and the tuition and fees are only 1500 a semester, then you would get the remainder of Pell issued directly to you to help pay your living expenses. Here is a good book about fin aid.



Question: If I received F's for all my classes I received PELL GRANT for, will I have to repay the grant back?

Answer: It's a grant not a loan ... you don't pay back ...
It's a grant not a loan ... you don't pay back grants .

Answer:It may take them awhile to catch up with you, but ...
yep, and it may take them awhile to catch up with you, but scholarships and loans you must pay back if you fail, grants are given, but remember you used that money and failed that another person may have needed, and they might just make you prove yourself worthy with grades and gpa before they give you another.

Answer: No but you will not be able to get anymore grants.
No but you will not be able to get anymore grants.

Answer: ineligible for the next grant
ineligible for the next grant

Answer: You are most likely to get put on academic probation and are ...
You are most likely to get put on academic probation and are going to have to raise your gpa to a certain grade, depending on your school. they will determine how much you need to raise your gpa. if you raise your gpa, your school financial aid office might let you keep it. however, you don't have to pay it back. you can only get it taken away for the following years if you don't improve. go talk to an academic advisor within your degree and the financial aid office.







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