The Pell Grant gives students the possibleness to obtain liberated college funding. The Pell Grant is provided by the federal polity and is presented to low-income students.Undergraduate students that attend a qualified post-secondary activity are eligible to obtain a Pell Grant. If you are a student that would like to apply for the Pell Grant, then you must complete the FAFSA application.
The FAFSA determines how much money your family should contribute to your activity based on the underway income/assets. The lower your EFC score, they higher the chances are that you will obtain a Pell Grant Award.
If you plan to attend a community college or a four assemblage university and would like liberated polity money, then you should definitely think about completing the FAFSA application in order to be eligible for the Pell Grant.
Students with an EFC score of zero will get the maximum Pell Grant amount, which is $5,350 for the 2009-2010 school year. An EFC score of zero means that your family is unable to contribute any money towards your post-secondary education.
IF you have an EFC score higher than 0, the Pell Grant Calculation can be used to determine how much money you will receive. There is also a Pell Grant chart that shows a breakdown between EFC score and the Pell Grant
As conception of the American Recovery and Reinvestment Act, American legislature approved to give more than $17 billion towards the Pell Grant program.
This additional money increased the Pell Grant amount each assemblage for the incoming two years and was implemented to allow more low to moderate income families to possibleness to beam their child to college.
