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Frequently Asked Questions

How long does it take to get a Pell Grant?

Financial Aid - FAQ's
That depends on you. The sooner you complete your FAFSA application, the sooner you will know about your grant. You may also apply for your Pell Grant over the Internet. See similar questions...

If I am eligible how will I get the Pell Grant Money?

Student Aid on the Web
Your school can apply Pell Grant funds to your school costs, pay you directly (usually by check), or combine these methods. The school must tell you in writing how much your award will be and how and when you'll be paid. Schools must disburse funds at least once per term (semester, trimester, or quarter). Schools that do not use semesters, trimesters, or quarters must disburse funds at least twice per academic year. See similar questions...

How long does it take to process a Pell grant or Loan application?

Ivy Tech Community College Wabash Valley
Pell grant ? If the financial aid office processes your Pell application, you can expect a response in 7 - 10 business days. The information will be downloaded to the financial aid office electronically. You will also receive a Student Information Report in the mail in approximately 2-3 weeks. If it becomes necessary for the financial aid office to process any corrections to your Student Information Report, an additional 7-10 business days will be required. See similar questions...

How does my child qualify for a Pell Grant?

The University of Tulsa >> Parents Corner
You must first complete the Free Application of Federal Student Aid (FAFSA), which will determine your expected family contribution (efc). According to 2006-2007 regulations, the efc must be less than or equal to $3,800 to qualify for a Pell grant. Pell Grants range from $400 to $4,050 for the 2006-2007 academic year. See similar questions...

How do I apply for a Pell Grant?

Frequently Asked Questions > Texas A&M University-Com...
Federal Pell Grants are offered to students based on Financial need determined by the Expected Family Contribution. By completing the FAFSA you have applied for all Federal & State Programs. See similar questions...

What is the range of Pell Grant awards at MIT?

Frequently asked questions about MIT's Pell Matching Grants ...
The average family income of Pell Grant recipients at MIT for 2005-2006 was $23,500. Examples of the range of financial circumstances for students receiving Pell Grants in 2005-06 at MIT follow: MIT students receiving the maximum Pell Grant of $4,050 have total annual income of less than $7,000 -- often from nontaxable sources such as Social Security benefits. See similar questions...

How do I apply for a Pell Grant and other types of need-based aid?

Frequently Asked Questions
Submit a FAFSA. You may now apply on-line at www.fafsa.ed.gov. To indicate interest in student employment, student loans and parent loans, you should check the appropriate boxes. Checking these boxes does not commit you to accepting these types of aid. You will have the opportunity to accept or decline each part of your aid package later. Leaving these boxes unchecked will not increase the amount of grants you receive. See similar questions...

If I am not eligible for a Pell Grant, are there other types of financial aid I can receive?

FAQ's
Yes. Most students can apply for low interest loans. If you submit the FAFSA in a timely manner (early in the application cycle), the school may consider you for institutional aid and University grants. Grant funds are not endless -- they are limited to monies in these fund accounts. Grants are awarded until fund accounts are drained. See similar questions...

How much financial aid would a Pell Grant recipient attending MIT receive?

Frequently asked questions about MIT's Pell Matching Grants ...
A typical financial aid package for a student eligible for the maximum Pell Grant and a need-based MIT scholarship would be $43,550. It would include $42,100 in scholarship -- consisting of an MIT scholarship of $34,000, a Federal Pell Grant of $4,050, and an MIT Pell Grant Match of $4,050 -- and a term-time job of $1,450. The student would work about five hours a week to earn $1,450. See similar questions...

How do I obtain free Federal money, such as a Pell Grant?

Tri-State University-Admission-Financial Aid-FAQs
The application for the federal grant programs is the FAFSA. The Federal Pell Grant is a need-based award that is determined by the information you supply when filing the FAFSA. Your EFC (expected family contribution) is the determining factor. See similar questions...

What makes me eligible for a Pell Grant?

FAQ's - Financial Aid
The Student must be an undergraduate who has not received a Bachelor’s degree, and is enrolled in a degree or certificate program. The student also must have for the 2005-2006 year an EFC of less than 3850 to receive ANY Pell Grant. The amount of Pell Grant ranges from a possible 4050 with a 0 EFC to a possible 400 with a 3850 EFC. See similar questions...

Do I have to be full-time to receive the Pell Grant?

EGC -- Financial Aid FAQs
Although you do not have to be full-time to receive the Pell Grant, you will be awarded based on full-time enrollment. See similar questions...

Can I receive the Pell Grant in the summer?

EGC -- Financial Aid FAQs
You may be able to receive the Pell Grant in the summer if you do not attend school full-time for the fall and spring. See similar questions...

What is the Pell Grant and who is eligible for it?

Marine Corps Community Services :: About MCCS & FAQs
Pell Grants are awarded to undergraduate students to help pay for their education after high school. Unlike loans a Pell Grant does not have to be repaid. To be eligible, a student must be an undergraduate who does not already have a bachelor's degree and is going to a college at least halftime. See similar questions...

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