Pell Grant

The Pell Grant gives students the opportunity to receive free college funding.  The Pell Grant is provided by the federal government and is given to low-income students.  Undergraduate students that attend a qualified post-secondary education are eligible to receive a Pell Grant.  If you are a student that would like to apply for the Pell Grant, then you must complete the FAFSA application. 

The FAFSA determines how much money your family should contribute to your education based on the current income/assets.  The lower your EFC score, they higher the chances are that you will receive a Pell Grant Award.  If you plan to attend a community college or a four year university and would like free government money, then you should definitely think about completing the FAFSA application in order to be eligible for the Pell Grant.  

Students with an EFC score of zero will get the maximum Pell Grant amount, which is $5,350 for the 2009-2010 school year.  An EFC score of zero means that your family is unable to contribute any money towards your post-secondary education.  IF you have an EFC score higher than 0, the Pell Grant Calculation can be used to determine how much money you will receive.  There is also a Pell Grant chart that shows a breakdown between EFC score and the Pell Grant 

As part of the American Recovery and Reinvestment Act, American legislature approved to give more than $17 billion towards the Pell Grant program.  This additional money increased the Pell Grant amount each year for the next two years and was implemented to allow more low to moderate income families to opportunity to send their child to college. 

 If you would like more information on the Pell Grant, check out http://www.PellGrantOnline.com