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The Pell Grant is one of the many financial aid options provided by the federal government, and it's possibly the best known grant out there. The Pell Grant program was begun by the Department of Education way back in 1972, making it the granddaddy of federal grants.
Its original intent, which it still adheres to today, was to help low income individuals gain higher education.
The Pell Grant has helped close the gap between people in low-income families that go to college and those in middle to higher-income families that do the same. Here are some of the defining characteristics of Pell Grants.
All low income undergraduate students can receive the Pell Grant, however low income graduate students must be enrolled in a teacher certification program to be eligible. The requirements for receiving a Pell Grant are very much like any other federal financial aid with a few disparities.
The amount of the Pell Grant you're awarded depends on several things:
As with eligibility, the amount of your Pell Grant will be based on how badly you need it to pay for college. The Department of Education determines financial need with the FAFSA, which is why you're required to fill it out.
The Dept. of Education keeps things fair and levels the playing field by using a set formula based on standard criteria for every single applicant when determining their EFC. You'll find out what your estimated EFC is and whether you're eligible for a Pell Grant in the Student Aid Report (SAR), which will be sent to you after your FAFSA is processed. You can then begin working with your school to find out how much your Pell Grant will be and how it will be distributed.
If you're interested in applying for a Pell Grant then you need to know all about the Free Application for Federal Student Aid. The road to federal financial aid begins with this form. If you want to learn more than you ever thought you'd need to know about Pell Grants these documents on the Information for Financial Aid Professionals site will do the trick.
Parents and high school students dream of the first day of college. Don't let the cost of a higher education dampen your spirits. Help may be available to you in the form of financial aid.
You might legally be able to buy shots at the local bar, but you still need your parents' information when filling out the FAFSA application. The U.S. Department of Education considers a student a dependent until the age of 24, except in certain circumstances. This is important because your dependency status can affects how your Expected Family Contribution, or EFC, is calculated on the FAFSA application.
A 2008 national survey of college therapists conducted by the American College Counseling Association (ACCA) showed that the number of students seeking mental help has significantly increased in recent years. In fact, 95% of the college therapists surveyed said more students were coming to them with serious psychological problems. Nearly one in every ten students is now utilizing campus therapists to deal with mental and emotional problems.
Well, the news is in, and tuition prices are up. The most recent report out of the College Board announced that the average tuition at four-year public colleges in the U.S. rose $429 to $7,020, a 6.5% increase of last year’s numbers. Private colleges experienced a similar incline, as tuitions across the country rose 4.4% to $26,273. Including room and board, the price tag associated with public schools jumps to $15,213. Private schools face an average cost of $35,636 when you factor in the costs associated with college life outside of the classroom.
If you're a student who's been involved in the fine arts throughout high school and want to continue on when you get to college, it's a certainty that you'll need to submit a portfolio for review along with your application. For serious art students these portfolios can become the breaking point in the application process. Often they can actually turn into a difficult project to manage as you simultaneously put together the rest of your application.
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