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As with all grants, there is a maximum amount that the government funds for each applicant. The maximum amount for the 2022–2023 award year is $6,845. The maximum Federal Pell Grant for the 2023–24 award year (July 1, 2023, through June 30, 2024) is $7,395. [21] The maximum amount of the grant usually depends on the EFC and several other ...
For example, the original Pell Grant program restricts eligibility to programs that are at least 600 “clock hours,” or 15 weeks, in length. In practice, about 90 percent of Pell Grants are ...
College students who struggle to afford tuition and other expenses have an avenue to help pay for their education that doesn’t involve federal loans: the federal Pell Grant. To qualify for a ...
The Pell grant program is a key way the federal government helps students from low-income families go to college by providing eligible students with money they don’t have to pay back.
Grants are a type of financial aid that does not have to be repaid. Generally, grants are for undergraduate students and the grant amount is based on need, cost of attendance, and enrollment status. Federal Pell Grants are designed for low- and middle-income undergraduate students. Pell Grants for the 2023–2024 school year range from $750 to ...
Federal Pell Grant: A Pell Grant, unlike a loan, does not have to be repaid. Most graduate and professional students are not eligible for Pell Grants, but those enrolled in a post-baccalaureate teacher certification program are eligible. [2] Graduate students may also be eligible for these financial aid programs:
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