Tagged with pell grant in our Blog
You may have recently read about college grants, and therefore got an overview of education grant options for college. The Pell Grant is one of those options, and falls under federal financial aid. Let's have a more in-depth talk about this grant, and what the Pell Grant Eligibility requirements are.The Pell Grant is the biggest federal grant available. The number one consideration in determining an individual's eligibility for this grant is financial need. That is to say, how much help a student requires in paying for his/her education. This should help lay things out for you: Cost of Attendance (CoA--Total… Read more here!
Financial Aid--most of us have to deal with it, we just don't understand it. Well, just like the introductory courses you take in the early stages of your college career, it's good to take a crash course in financial aid as well. To get the ball rolling on understanding your college finances, we welcome you to a brand new class entitled, "Financial Aid 101." Welcome students. Lesson Number 1: Definition of Financial Aid. This is any money you receive or earn to cover your educational costs. Lesson Number 2: Common Types of Financial Aid. Loans. Let's face it, nobody wants… Read more here!
OUR SAVE STUDENT AID VIDEO Contrary to our normal posts, this one has turned political (please don't fall asleep, I'll make it quick). In short, the Federal Government wants cut the amount of financial aid a student can receive. Specially they proposed to slash the Pell Grant by 15%! The bill has been pushed through the House of Representatives and has now moved to the Senate. If you want to take action, Save Student Aid has created a facebook page with a section for you to contact your Senator. I urge you to take a couple minutes and submit a… Read more here!
Of all the forms of financial aid available to prospective college students, grants are easily one of the most sought after. One of the most desired grants is the Federal Pell Grant, which is a grant provided by the federal government and given out to those whom government officials deem most in need of aid. People that obtain this grant typically struggle financially, and must usually present evidence of a strong need for financial aid before being able to attend a college or university. While this is one of the most sought after forms of grants, it is certainly not the only one. … Read more here!
With a not-so-great economy and less than perfect job market, paying for college can become quite the task. President Obama is looking to make an investment in the United State's future and economy by making college affordable. No one should be denied a college education simply because they cannot afford it's cost. The Student Aid and Fiscal Responsibility Act should produce more college graduates than ever by 2020 at no cost to tax payers.This bill will make an investment of $36 billion over a ten year period to maximize the amount of Pell Grants awarded to students. Along with investing… Read more here!
If the economy has cost you or someone you know a job, college is one option to consider. A number of government agencies, charities, and colleges are helping the unemployed head back to the classroom. Federal Pell Grants can provide unemployed workers with up to $5350 for the cost of community colleges, 4 year colleges and universities, and technical schools.You will need to: Decide on which educational program is right for you. Fill out a FAFSA. Talk to your school's financial aid office. If you are receiving unemployment benefits, you will need to bring evidence to prove that you are… Read more here!
The rebounding economy is not good for those hoping to find scholarships in 2010. When the economy came falling down in 2009, many private colleges found themselves in a panic. They significantly increased their financially aid packages in order to attract students. Students in the class of 2013 found themselves with a wide variety of grants and scholarships available. Now that economists are saying the economy is on the rebound, expect for 2010-2011 school year financial aid packages to be stingier for income freshmen. Financial aid offices now believe that more families will be able to afford the cost of… Read more here!
With January 1st quickly approaching, let's review the changes made to student financial aid that were effective as of July 2009. These changes include lowering the cost of student loans, an increase in aid for Pell Grant recipients and military aid recipients, and providing help for students who find themselves in unmanageable debt. Grants: Through the College Cost Reduction and Access Act (CCRAA) and the American Recovery and Reinvestment Act (ARRA), there is an increase in the maximum Pell grant award being with the 2009/2010 school year. This funding increased the grant to $5,350, which is up more than $600… Read more here!