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The Litany of Pell Grant Eligibility Requirements

While most students know that the Pell Grant program can provide them with a significant amount of financial aid on an annual basis, very few students understand the various eligibility requirements that can allow them to qualify for this federal award. In truth, these requirements are fairly simple and easy to comprehend, and upon review should give any student who may want to become eligible for a Pell Grant the ability to apply with confidence.

The litany of Pell Grant requirements entails eligibility based on income level, how many hours a student attends college and how much their family can contribute to pay for tuition expenses. These requirements are established by the United States Department of Education, which oversees the federal Pell Grant program. Students must meet certain guidelines in order to become eligible, and the amount awarded can vary with each student, how much income is earned and their living status.

When applying for a Pell Grant, students must include information from their previous year's tax return. This is only for students who are classified as an independent, meaning that they live in their own dwelling and are not supported by their parents. If the student is not yet living on his or her own, a dependent student, information about their parents' yearly income will also have to be provided on the application. This helps the department establish how much the studentís family can put in for tuition expenses and how much grant funding is needed to make up the difference.

The litany of Pell Grant requirements also delineates how much money can be awarded based on the number of hours that a student is taking classes. Students must attend a minimum of half-time during a semester, and receive less grant money than those attending full time. The funding can be used for living and school expenses, such as rent, tuitionFree Web Content, books and school supplies. Students are limited to getting grant money from only one university or college at a time. Grant money can also be awarded for those at the graduate level who are in need. There is a limit set on the amount of grant funding awarded each year.

The Pell Grant program provides substantial support for those who are eligible for its funding. Those applying should be aware of these requirements to help make the application process easier. Students who know the process are better prepared by having the appropriate information ready when filling out the form. Meeting the requirements can be hassle free if you are prepared and have the necessary knowledge.

Source: Free Articles from ArticlesFactory.com

ABOUT THE AUTHOR


The author is a financial aid specialist who publishes online about the Pell Grant reform, and the Pell Grant faq.



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