Pell Grant Loan: Meaning, Eligibility, Requirements and Amount

Finance

TallyTutors.com

A Pell Grant is funding given by the US Government to students with the financial need for college. Unlike loans, these grants are not subject to repayment.

Pell Grant

* enlist as a full-time or part-time student at a recognized university.
* a citizen of the United States or a qualified non-citizen

Requirements for a Pell Grant

*be an undergraduate student
*show a significant financial need.
*come from a family with a maximum yearly income of $60,000.

Requirements for a Pell Grant

The Free Application for Federal Student Aid (FAFSA) can be filled out online by those who satisfy the aforementioned requirements to apply for a Pell Grant.

How to apply

Click Here

How to check if you've received a Pell Grant?

Visit StudentAid.gov and log in using your credentials.

How to apply

Click Here