Posted in education Funding
Pell Grants for Graduate Studies
If you are planning to continue your education beyond high school, you will certainly want to see if you qualify for the Federal Pell grant. The Pell grant is administered by the federal government to students that meet certain eligibility requirements and its goal is to assist in defraying the cost of completing an approved training program, higher education program or higher education degree. Unlike student loans, these funds do not have to be repaid. The remainder of this article is designed to provide you with an in-depth look at the Pell Grant and its application.
The Pell grant, which is only available to students who can demonstrate a financial need, provides students with a maximum of $5,550 per year in educational aid in a single award year. The actual amount of an award will depend on the level of financial need, costs associated with the completion of an approved program, and the enrollment status of a student (part-time or full-time).Pell grant funds are primarily awarded to students enrolled in undergraduate programs, however individuals applying for the Pell grant must possess at a minimum a high school diploma or GED to be eligible to receive funding. Individuals must also make satisfactory progress academically. Additionally, individuals must be a US citizen or permanent resident or other eligible classification of non-citizen to be considered for an award of a Pell grant. Lastly, males aged eighteen to twenty-five must be registered with the selective service. For additional information on the information on the Pell Grant requirements visit: Pell Grants Requirements and studentaid.ed.gov.
To apply for the Pell grant, you will need to complete the Free Application for Student Financial Aid (FASFA). To apply visit: FAFSA Completing the FASFA is relatively simple; however, we feel that there are several key ways to optimize your chances of receiving an award the first time that you apply. As with completing any other grant application, ensure that you complete every section of the Pell grant application in its entirety and make sure that you comply with all grant application instructions, including the attachment of all requested documents. Make sure that you or someone else with excellent editing skills thoroughly reviews and edits every component of your Pell grant application; to include double-checking all mathematical information contained in your application.
If you complete the FASFA and are told that you are unable to receive a Pell grant, there are a number of additional grants or scholarships for which you may be eligible. For additional information on these opportunities, visit our "Tuition Grants" article.
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