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Federal Pell Grant Program

Squirrel started this conversation

This federal aid program is managed by:

Office of Student Financial Assistance Programs, Department of Education

Objectives:

To provide eligible undergraduate postsecondary students who have demonstrated financial need with grant assistance to help meet educational expenses.

Funding obligations:

(Direct Payments for Specified Use) FY 09 $35,661,000,000; FY 10 est $22,483,000,000; FY 11 est $34,878,000,000 - FY 2009 - Includes $16,283,000,000 in FY 2009 provided under the American Recovery and Reinvestment Act of 2009.

Uses and Use Restrictions:

The student must be a U.S. citizen or eligible noncitizen who has been accepted for enrollment in, and is making satisfactory academic progress at an eligible institution of higher education. Eligible schools may be public or private nonprofit institutions of higher education, (such as colleges, universities, vocational-technical schools, hospital schools of nursing), and for- profit institutions (proprietary). Eligible males who are at least 18 years or older and born after December 31, 1959, can receive aid only if they have registered with the Selective Service. Graduate students and students who have already earned a bachelor's degree are not eligible for assistance, except those enrolled in an eligible program leading to a professional certification in teaching. Applicants must demonstrate need according to Part F of the Higher Education Act of 1965, as amended.

Examples of Funded Projects:

Not Applicable.

Program Accomplishments:

Fiscal Year 2010: No Current Data Available Fiscal Year 2011: Approximately 9,078,000 recipeints expected. Fiscal Year 2012: No Current Data Available

Types of Assistance:

DIRECT PAYMENTS FOR A SPECIFIED USE

Range and Average of Financial Assistance:

For FY 2009, grants will range from $976-$5,350; the average grant is estimated at $3,591. For FY 2010, grants will range from $555-$5,550; the average grant is estimated at $3,848. For FY 2011, grants will range from $555-$5,550; the average grant is estimated at $3,859.

Length and Time Phasing of Assistance:

Students are able to receive two Federal Pell Grant during any award year (July 1 through June 30), depending on enrollment level. Funds for one Federal Pell Grant are usually disbursed at least twice during an award year. Students may only receive a Federal Pell Grant until they have received a bachelor's degree. See the following for information on how assistance is awarded/released: Electronic transfer.

Applicant Eligibility:

Undergraduate students and students pursuing a teaching certificate enrolled as regular students in an eligible program at an eligible institution of higher education and making satisfactory academic progress. The applicants must be U.S. citizens or eligible noncitizens and have a high school diploma, a GED, or demonstrate the ability to benefit from the program offered.

Beneficiary Eligibility:

Undergraduate students and students pursuing a teaching certificate that are U.S. citizens or eligible noncitizens and meet financial need criteria. Students must be: regular students in an eligible program and enrolled in institutions of higher education, making satisfactory academic progress. Incarcerated students, except those incarcerated in local penal facilities, are ineligible. Students must sign a statement of educational purpose, not owe a refund on a Title IV grant, and not be in default on a Title IV loan. Eligible males that are at least 18 years old and born after December 31, 1959, can receive aid only if they have registered with the Selective Service.

Award Procedure:

Institutions act as disbursing agents for the Department of Education. The institution that the student attends calculates and disburses the Federal Pell Grant, using a payment schedule developed by the Department of Education that determines the amount of the award based on the student's expected family contribution, cost of attendance, and enrollment status.

Contact Info for Headquarters Office:

Federal Student Aid Information Center Federal Student Aid (FSA), Department of Education, 400 Maryland Avenue, S.W., , Washington, District of Columbia 20202 Phone: (800) 433-3243

Website Address:

http://www.ifap.ed.gov.

Related Programs:

 

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armygirl27
how would i be able to get approved for a pell grant at itt tech without paying anything back and apply for it. i start school sept. 19th 2011
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ziposrealdeal
I need to know the deadline for applying for a Pell Grant for 2012.
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mark1234
 in response to mark1234...   please give me the information i need
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mark1234
i am looking into getting a taxidermy education and am trying to get information on how i can get financing for the schooling i need
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