Online Calculator | Looking For A Scholarship? Have You Considered The Pell Grant

Looking For A Scholarship? Have You Considered The Pell Grant

Education is the corner stone of a civilized society. A society constituted of educated citizens is a prosperous one. Without education and educated citizens there can be no scientific or cultural development. Probably the most contributing members of the society are also the most educated. College level education equips one with the skills and knowledge required to live a better life. The sole hindrance related to college education is the cost involved. Nevertheless, society has put several constructs in place to make sure that even those with limited means have access to quality education.

Scholarships have existed from the time educational institutes have come into existence. The idea is not new, however the idea has developed to include free education given by government and private sectors as well. The government has implemented many scholarship programs to make college level education feasible for those of limited financial means. The Pell grant is one such educational grant granted by the US Department of Education.

The Pell grant requirements are simple and also the application process has been designed nicely. The grant is given to undergraduates only. To obtain the Pell grant you must fill in the Free Application for Federal Student Aid (FAFSA) form. The official website is www.fafsa.ed.gov. You may either apply online or mail your application. Filing the application online is the quickest, most affordable, and also the easiest method to apply.

Since it is a need based scholarship, Pell grant requirements make it necessary to file income and tax information. An applicant is required to provide tax returns, bank statements, investment and debt statements, and their social security number. Depending on these and other information, the applicant’s Estimated Family Contribution (EFC) is calculated. The grant is awarded to those with an EFC of 5271 USD or less.

To qualify for the grant an applicant must also be signed up for an undergraduate program at one of the participating institutes. Various other Pell grant requirements are as follows: The applicant should be a US citizen by using a good social number, shouldn’t have criminal records, male applicants should be registered with the selective services. For additional information check out the FAFSA website.

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