Pell Grants - Help with Financing Your Education

by: Michael Saunders
The Federal Pell Grant Program assists those undergraduate postsecondary students that cannot afford their educational expenses without financial assistance.

The Federal Pell Grant Program is overseen by the Department of Education and falls under the Federal Student Aid Information Center. In order to be eligible students must be enrolled in eligible schools that may be public or private nonprofit institutions of higher education.

These institutions can include but are not limited to universities, colleges, hospital schools of nursing, vocational-technical schools and for- profit institutions. Students are required to sign a statement of educational purpose, are not allowed to owe a refund on another a Title IV grant, and cannot currently have a Title IV loan that is defaulted.

While the program itself is overseen by the Department of Education, the institution that the student is enrolled in will act as the disbursing agent. The institution will both determine and disburse the grant using a schedule that has been created by the Department of Education. The payment schedule is determined by taking such factors as cost of attending the institution, enrollment status and expected family contribution into account.
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Pell Grants - Help with Financing Your Education
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About The Author You can find more information on government grants, government spending and other federal programs at Top Government Grants. We also provide additional resources on grants for education from major foundations and the federal government on the Top Education Grants Website. Michael Saunders has an MBA from the Stanford Graduate School of Business

Additional Resources

category - Education Grants

Financing Your Education - Federal Perkins Loans
The Federal Perkins Loan Program helps those undergraduate postsecondary students that cannot afford their educational expenses without financial assistance with a low interest loan. The loan is in place to help them meet their educational expenses to the completion of a postsecondary degree.

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In keeping with this mission, the National Institutes of Food and Agriculture has recently established the Tribal Colleges Research Grants Program in an attempt to conduct agricultural research studies that address high priority concerns of tribal, national, or multistate significance.

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Student loans can be very tricky, and are very confusing to most. In many situations, families are accepted for all different kind of loans and then are left in the dark when it is time to pay it back or fail to realize that they owe as much due to accrued interest.

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