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

Tuesday, July 3, 2012

Pell Grants for Summer 2012 - 2013

Pell Grants for Summer 2012 - 2013



The highest possible Pell allow for 2012-2013 will remain at $5550, no reduces or improves. Govt economical aid programs do not improve because of a rise in college tuition, real estate, or cusine services

SUMMER 2012 PELL GRANTS

There will be no year-round PELL allows for summer months 2012. The modify was due to lack of financing by the Govt for the Pell allow program. Only learners who did not be present at fulltime in the drop and/orspring may be qualified for a the rest of their 2011-2012 federal Pell allow. This modify impacts all institutions, not just JSU.

Students must keep in mind, if they obtained their highest possible federal financial loan qualifications during the drop and spring semesters, they may not be qualified to gain access to for summer months term(s) Mother and father may apply for the Parent-PLUS economical loans for their learners. Summer economical aid programs will be available in the office or online starting April 12, 2012. Students must sign-up for all summer months sessions before completingthe application.

REMINDER

Students need to begin finishing their 2012--2013 FAFSA’s as soon as taxation are registered. --If they wait until This summer, This summer or Aug until This summer, This summer or Aug to complete the form, their economical aid may not be in place before due date to validate drop sessions. .JSU paid out more than $14.5 thousand in scholarship or grant $14.5 thousand in allows. Scholarships and allows have s. Scholarships and allows have ongoing to ongoing to improve over the past years.

MAJOR FINANCIAL AID CHANGES FOR 2012 FINANCIAL AID CHANGES FOR 2012--2013 --2013

FEDERAL STUDENT LOANS

For all undergrad undergraduate learners who take out federal subsidi learners who take out federal sponsored economical loans zed economical loans - - Beginning --2012-2013, learners finishing from college have six months after finishing before they have to begin to make education financial loan instalments and, typically, this elegance period is zero attention, too, since the federal government would pick up the attention tab. For the next season, however, student education economical loans will acquire attention starting at finishing. For all learners who take out federal financial loan For all learners who take out federal economical loans s - - -- Beginning 2012-2013, sponsored economical loans will no more be available, only unsubsidized economical loans. This will not modify the yearly financial loan boundaries that learners can lend.

FEDERAL VERIFICATION VERIFICATION

Beginning with the 2012-2013 educational season, economical aid workplaces will no more be able to accept finalized duplicates of federal tax profits from learners and parents for FAFSA

Verification reasons. IRS tax transcripts will be required.


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