Pell Grants - Help with Financing Your Education
by:
Michael SaundersThe 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
2012 University Center Economic Development Program CompetitionThe Economic Development Administration has recently established the 2012 University Center Economic Development Program Competition wherein they intend to solicit grant applications from higher education institutions stating their intent to establish and operate special University Centers that are focused on leveraging university assets in order to create regional economic ecosystems that will support high-growth entrepreneurship.
National Science Foundation announces the Cyberlearning: Transforming Education ProgramThe Cyberlearning: Transforming Education is a program wherein the NSF will provide funding for research proposals that aim to explore opportunities associated with the promotion and assessment of learning techniques through the help of new technologies, taking advantage of the application of those technologies, and the utilization of those technologies in the process of promoting deep and lasting learning of content, practices, skills, attitudes, and dispositions that are essential in becoming an engaged and productive citizen.
What Are Title IV Programs and How Can They Help You Pay for CollegeThe Title IV programs help college students save money and protects their rights, is a service provided by the government that is responsible for higher education to help prepare undergrads for the real job market after they graduate.
Are You Eligible To Receive A Federal Student Aid?The Department of Education offers several types of educational financial assistance such as grants, federal loans, and work-study programs. It is very much essential for student to determine which type of assistance will best suit his/her financial needs.