How to Apply For a Pell Grant Eligibility - Read Carefully:-
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Pell Grant Eligibility

You are a bright student and full of confidence that you can take the hardships of higher education in your strides. However, there is a problem; your weak financial condition won't be able to bear the burden of your ambition. However, the financial assistance in the form of grants, such as college grants, education grants for women, etc. may change the course of your life. Read more on grants for college students.

But are you eligible for it? How will you set about finding whether you are eligible for a pell grant or not?

Pell Grant: Federal Pell Grant Eligibility

The first step in determining your pell grant eligibility is to fill a 'Free application for the Federal Student Aid' (FAFSA) form, which is also called pell grant application, on the Internet. Follow the instructions provided on the website and answer the questions which will determine your pell grant eligibility. If you are eligible for pell grant then it means that you are also eligible for various government grants and funding too. You will be notified about the outcome in the due course of time. Although, students with family income under $50,000 are eligible to receive the pell grant, these grants are mainly received by those with family income less than $20,000. The grant money depends on the following facts:
  1. How much money the student's family is ready to contribute. This amount may vary depending on whether the student is a dependent, independent without dependents, or independent with dependents.
  2. The tuition fee charged by the educational institute.
  3. Whether the student is going to attend a full time or part time course.
Once you are informed that you are eligible to receive pell grant, you have to submit various kinds of information to the authorities in the financial aid office. You receive the grant money, only after your information is found to be acceptable. Hence, if you have some difficulties regarding the information, you should get it clarified from the school or financial aid authorities as early as possible, as any discrepancy in the data may affect the outcome. The following is the list of Federal Pell Grant eligibility criteria:
  1. You must fill and submit FAFSA form, which binds you to use the Federal Pell Grant only for your education.
  2. You have not defaulted on any other Federal student loans or grants. You have to assure the authorities that you will repay this loan as well.
  3. It is important that you, as an undergraduate student, should be attending an approved course, in order to achieve a bachelor's degree.
  4. Your progress with the studies must be satisfactory.
  5. A valid Social Security number.
  6. A high school diploma or GED.
  7. You must be able to satisfy the authorities about the benefits you will receive from the offered tuition or the program.
  8. You must be a US citizen or permanent resident, or eligible non-citizen.
  9. You must be able to attend school legally in the US.
  10. Federal tax returns.
  11. W-2 information.
  12. Information about the untaxed income such as veteran's benefits, social security.
  13. Bank statements, total investment and mortgage information.
  14. Business records.
It may take 2 months or even longer for the finance aid authorities to complete the verification of your information. So, to be on the safe side, you must try to apply for the pell grant, at least 10 weeks before the semester begins.

The federal pell grants are awarded to the low-income students in order to help them continue their education and to help them realize their potential to the maximum. Though, you are allowed to receive only one pell grant per educational year, there is no limit on how many times you can receive it, once, you have proved your pell grant eligibility.
By Shrinivas Kanade

Saturday, June 16, 2012

Pell Grant Eligibility


You are a shiny higher education student and complete of confidence that you can take the problems of higher education in your improvement. However, there is a problem; your poor finances won't be able to bear the pressure of your aspirations. The economical aid by means of allows, such as higher education allows, knowledge allows for women, etc., may change the course of your life. The question is, "Are you qualified for it?" How will you set about finding the required information?

 Criteria for Eligibility

The first step in identifying your qualifications to get this allow is to complete a 'Free program for the Government Student Aid' (FAFSA) type, which is also called Pell allow program. Do as instructed provided on the website and answer the questions which will determine your qualifications. If you are qualified, it means that you are also qualified for various other government allows and financing. You will be informed about the result in the due course of your efforts and energy and effort. Although, learners with close relatives earnings under $50,000 are qualified to get the allow, these allows are mainly obtained by those with close relatives earnings less than $20,000. The allow cash relies on the following facts :

How much cash the pupil's close relatives is ready to play a role. This amount may differ based on whether the higher education student is a reliant, separate without children, or separate with children.
The higher education tuition billed by the academic organization.

Whether the higher education student is going to be present at a full-time or part-time course.
Once you are informed that you are qualified, you have to publish various kinds of details to the regulators from the economical aid office. You get the allow cash, only after your details is found to be appropriate. Hence, if you have some difficulties regarding the details, you should get it resolved from the university or economical aid regulators as early as possible. The following is the list qualifications criteria:
You must complete and publish FAFSA type, which holds you to use the allow only for your knowledge.
You have not late on any other Government higher education student knowledge loans or allows. You have to guarantee the regulators that you will pay back this loan.

It is important that you, as an undergrad higher education student, should be participating an approved course to experience a bachelors degree.

Your improvement in your studies must be sufficient.
A legitimate Public Protection number.
A secondary university degree or GED.
The higher education has to be covered by the Pell Grant system. There are 5,400 institutions that come under this system.
You must be able to fulfill the regulators about the advantages you will get from the offered higher education tuition or the system.
You must be a US citizen or long lasting citizen, or qualified non-citizen.
To get the allow, the applicant, if he connected to 18-25 age group, must be authorized under particular services.
You must be able to be present at university lawfully in the US.
Federal tax profits, announcing applicants untaxed earnings.
His parents (if dependent) or lover's (if married) tax profits.
W-2 details, announcing his earnings for the last economical season from different sources.
Information about the untaxed earnings such as veteran's advantages, social security.
Bank claims, total investment and mortgage details.
Business records, if he operates a company or a village.

A applicant with any criminal background with the government, state or penal organization, instantly gets disqualified.

An applicant illustrating higher education student aid gets disqualified to get it, if gets a drug related indictment while illustrating it.

It may take 2 months or more for the regulators to complete the confirmation of your details. So, to be prepared, you must try to apply at least, 10 weeks before the term starts.

Pell allows are granted to low-income learners, to be able to help them continue the amount and learning and to help them realize their potential to the maximum. Though, you are allowed to get only one allow per academic season, there is no limit on how many times you can get it.


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