Pell Grants - Help with Financing Your Education

by: Michael Saunders
The Federal Pell Grant Program assists those undergraduate postsecondary students that cannot afford their educational expenses without financial assistance.

The Federal Pell Grant Program is overseen by the Department of Education and falls under the Federal Student Aid Information Center. In order to be eligible students must be enrolled in eligible schools that may be public or private nonprofit institutions of higher education.

These institutions can include but are not limited to universities, colleges, hospital schools of nursing, vocational-technical schools and for- profit institutions. Students are required to sign a statement of educational purpose, are not allowed to owe a refund on another a Title IV grant, and cannot currently have a Title IV loan that is defaulted.

While the program itself is overseen by the Department of Education, the institution that the student is enrolled in will act as the disbursing agent. The institution will both determine and disburse the grant using a schedule that has been created by the Department of Education. The payment schedule is determined by taking such factors as cost of attending the institution, enrollment status and expected family contribution into account.
  (continued...)

Pell Grants - Help with Financing Your Education
  Page 2

About The Author You can find more information on government grants, government spending and other federal programs at Top Government Grants. We also provide additional resources on grants for education from major foundations and the federal government on the Top Education Grants Website. Michael Saunders has an MBA from the Stanford Graduate School of Business

Additional Resources

category - Education Grants

Are You Eligible To Receive A Federal Student Aid?
The Department of Education offers several types of educational financial assistance such as grants, federal loans, and work-study programs. It is very much essential for student to determine which type of assistance will best suit his/her financial needs.

---

Museum Grants for African American History and Culture Program
The Institute of Museum and Library Services has established a funding opportunity to support the Museum Grants for African American History and Culture Program wherein they intend to provide the African American museum staff with added knowledge and ability in all the areas of management, operations, programming, collections care, and other museum skills.

---

Early-Grade Reading Improvement Interventions Program
In line with this mission, the USAID has developed the Early-Grade Reading Improvement Interventions Program wherein they seek to solicit interventions that would improve the reading achievements in the early grades in Latin America and in the Caribbean region.

---

Student Loans Available Directly from the Federal Government
There are different variations of a Federal Direct Student Loan available; these are dependent on whether or not the student is eligible for government assistance. Need based programs include the Stafford Loan and the Direct Subsidized Loan; while non-need based programs are the Direct PLUS program, and the Direct Unsubsidized Loan.

---