Pell Grants are awarded based upon financial need, as calculated by the federal aid program. The pell grant application is part of the FAFSA. By completing the FAFSA you will be applying for grants, loans and other programs all with one easy application.
The Pell Grant is the most common type of grant for college students awarded. Pell grants are awarded to students studying for their first bachelors and are not available for graduate students.
Pell grants are awarded based upon financial need. The Expected Family Contribution, your cost of attendance, whether you’re a full-time or part-time student, and whether you attend school for a full academic year or less will affect your eligibility and the amount of the grant you receive. Only one Pell grant is awarded per year per student.
The pell grants for the 2005-2006 school year (July 1, 2005, to June 30, 2006) will range from $400 to $4,050 per student.
Other Types Of Grants :
» Supplemental Education Grant
» State Based Grants