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

Monday, July 2, 2012

Federal Pell Grant Application and Deadline Information

Federal Pell Grant Application and Deadline Information


The 2011-2012 University Season (Enrollments starting on or after May 16, 2011):

FAFSA on the Web programs must be posted bymidnight Main Sunlight time, July 30, 2012.
Corrections on the Web types must be posted bymidnight Main Sunlight time, September. 15, 2012.
Note: Your school must have your finish and appropriate details by your last day of registration in the 2011-2012 school year.

The 2012-2013 University Season (Enrollments starting on or after May 21, 2012):

FAFSA on the Web programs must be posted bymidnight Main Sunlight time, July 30, 2013.
Corrections on the Web types must be posted bymidnight Main Sunlight time, September. 23, 2013.
Note: Your school must have your finish and appropriate details by your last day of registration in the 2012-2013 school year.

The Division of Knowledge considers an application's receipt time period and a chance to be when the application/correction has been successfully posted. The last web page of the online application/correction distribution process is, therefore, called the "Confirmation Page". It contains a 22 - (if an application) or 30 - (if a correction) character long "confirmation number". This number contains the exact time period and time (Central Standard Time) the type was obtained. It is recommended you print this for your records.

Note: Transactions must be finished and accepted by late night to fulfill the due time period. If signals are started before late night but are not finished until after late night, those signals will not fulfill the due time period. In addition, any transmission picked up on the due time period date that gets rejected may not be able to be reprocessed because the due time period will have passed by enough time the user gets the details notifying him/her of the reject.

The Economical Aid workplace must get the outcome papers of the FAFSA program, the SAR or ISIR, with an official EFC while the college student is registered and eligible, but not later than September. 21, 2012 for 2011-2012, and no later than September. 24, 2013 for 2012-2013 .

To give a Pell allow to an excellent student, an excellent must have a real outcome papers (one with an EFC computed from appropriate data) while the college student is still registered for the prize year or in the timeframe the college student qualifies for a late disbursement under 34 CFR 668.164(g)(4)(i), but no later than September. 21, 2012 for 2011-2012 and September. 24, 2013 for 2012-2013.
For students chosen for confirmation (both ED-selected and school-selected), the college must have confirmation documents, and for Pell recipients a real outcome papers, no later than 120 days after the last day of registration or September. 21, 2012 for 2011-2012 and September. 24, 2013 for 2012-2013, whichever is earlier.

For the work deadlines above, enough time period the CPS prepared the ISIR transaction is considered to be enough time period the institution obtained the ISIR. On the SAR, SAR Acknowledgement and ISIR printout, the prepared time period is above the EFC on the first web page.

NEW YORK STATE STUDENT FINANCIAL AID DEADLINES
Due to a New You are able to Condition Higher Knowledge regulatory change, the program due time period for New You are able to Condition financial aid programs is now July 30, consistent with the FAFSA. Condition types do not replace filling out the FAFSA. You must fill out the FAFSA to get government college student aid. Note: Date obtained means obtained by the U.S. Division of Knowledge.
New You are able to 2011-2012 July 30, 2012-date received
New You are able to 2012-2013 July 30, 2013-date received
DEADLINE INFORMATION
The concern due time period for implementing for government campus-based aid including Federal Supplemental Educational Opportunity Grant (FSEOG) and Federal Perkins Loans, Aid for Part-Time Study (APTS) and Empire Condition College scholarships and grants is April 1 prior to the start of the prize year.

The concern due time period for implementing for Pell, TAP, college student education loans and distribution of the Federal Appeal Form and/or New You are able to Condition Waiver Request Form with dean's approval and appropriate certification to the Economical Aid workplace is six weeks before the start of the term.

Financial aid information files finished after the financial aid concern due time period date will be analyzed. However, the Economical Aid workplace cannot guarantee that financial aid will be prepared before the payment due time period. A government financial aid file is finish when the college has obtained legitimate FAFSA information from the government processor and all other certification requested by Economical Aid. Completed information files and APTS programs are analyzed on a first-come, first-served basis.


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