Pell Grant Award Limits

There are several grants and scholarships you canAs long as you are pursuing your first bachelors
use to help you finance your education. These grantsdegree and you are eligible according to the stated
and scholarships are created to make higher educationterms and conditions, you can easily get these funds.
accessible to more, if not all, potential students acrossYou wouldn't have to worry about age or lifetime caps
the nation. One of the most popular grants is of courseat all, since the federal Pell grant don't have many
the Federal Pell Grant.limitations. All you need to focus on is provide the
The amount allocated changes each year, although theneeded documents and complete the FAFSA form,
changes are usually for the better. The latestand you are all set.
2009-2010 school year Pell grant maximum amount isThe amount of money you get can really help you
$5,350 per student, substantially more than the amountfinance your education. If you are using student loans
allocated last year. You need to check the eligibilityto pay for college, you can greatly reduce the amount
terms before you can see just how much of thatof loans you would have to repay later on by using the
amount you can potentially get.funds you receive from the federal Pell grant program.
Depending on your current financial state, theSince it is a grant, you wouldn't have to worry about
Expected Family Contribution or EFC, the Cost ofrepaying the money at all. You can apply for the grant
Attendance, and the status of your current enrollment,again the following year as long as you are still
you can get different amount of Pell grant allocated topursuing your first bachelors degree, and the process
help you. Although the maximum amount can be easilywill still be swift and hassle-free; definitely one of the
acquired, understanding the eligibility terms can help yougrant programs you should look into.
determine just how much you can get from the grant.