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A Pell Grant is a subsidy the U.S. federal government provides for students who need it to pay for college. Federal Pell Grants are limited to students with exceptional financial need, who have not earned their first bachelor's degree, or who are enrolled in certain post-baccalaureate programs, through participating institutions.
With the completion of this basic schooling, one obtains a high school diploma or General Education Development (GED) as certification of basic skills. In the United States, the largest source of funding for elementary and secondary education comes from state government aid, followed by local contributions (primarily property taxes). [1]
In the college financial aid process in the United States, a student's "need" is a figure that colleges use when calculating how much financial aid to offer a student. It is determined by taking the college's Cost of Attendance , which current rules require each college to specify.
Since some need-based aid goes out on a first-come, first-served basis, you could get more aid the sooner you apply. The bottom line As you plan your college future, funding will play a big role.
There’s one form prospective and current college students must submit in order to receive federal financial aid, and it looks a lot different than in prior years. The new FAFSA: What you need to ...
Every year, more than 17 million students fill out the FAFSA, which uses financial information from students and their families to determine whether they can get financial aid from the federal ...