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.
  (continued...)

Pell Grants - Help with Financing Your Education
  Page 2

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

USAID University Engagement through Higher Education Institution Program
The United States Agency for International Development has recently constituted the USAID University Engagement through Higher Education Institution Program wherein it seeks to hone the knowledge, research skills, and creativity of higher education campuses.

---

Scalable Nanomanufacturing Grants Program
The National Science Foundation has announced the constitution of the Scalable Nanomanufacturing Grants Program wherein it intends to deepen and encourage research and education in the area of scalable nanomanufacturing, including the long-term societal implications of the largescale implementation of nanomanufacturing innovations.

---

Alaska Native-Serving and Native Hawaiian-Seving Institutions Education Competitive Grants Program
The National Institute of Food and Agriculture has recently constituted the Alaska Native-Serving and Native Hawaiian-Seving Institutions Education Competitive Grants Program wherein it intends to award funds in an attempt to support education, applied research, and several other related community development programs.

---

What does it mean that Federal Student Aid is a PBO?
A PBO is a Performance Based Organization representing an initiative that was created in order to help the government operate more effectively and efficiently. When people call Federal Student Aid a PBO, this means that they are committed to and hold the same standards of the Performance Based Organization.

---