tesco insurance travel: Pell Grants - A Student's Wish Granted

Wednesday, February 22, 2012

Pell Grants - A Student's Wish Granted

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If you are planning to go to college and do not have the funds to do so, a Pell grant may be the answer to all your problems. Those who are entitled to apply for the Pell grant are students who have not completed their first bachelor's degree or students who are not studying particular post-baccalaureate programs. The Pell grant, which was originally called the Basic Educational Opportunity Grant acts as the main financial aid for a student, and other types of help can be added too. Federal Pell grants, on the other hand, unlike loans, do not have to be repaid.

The application process is a fairly easy one as it can be done online. Application forms are also available at the school counsellor's office. Students and their family are required to complete a form, filling in details such as parental income, financial needs, grades, and so on. If you are successful, a notice will be emailed or by postal delivery. Always make copies of the paperwork for your own documentation.

Before applying, here are some of the requirements to determine a student's eligibility for a Pell grant. Besides being an undergraduate who has not completed a bachelor's degree yet, the student also has to be a citizen or a qualified non-citizen. You will also need a high school diploma and undergo a few tests to show whether you can benefit from the program.

Keep in mind that the Pell grants are awarded to those who meet the requirements and eligibility is not based on grades alone. Application should be done early to avoid missing the deadline while the money is still available. You should finish your application at least five months ahead as the processing might take some time to get done, and you need that money by the time you enter college.

The Pell grant can be used to take up any course as long as it is a bachelor's degree. However, like any other sponsorship, there are certain rules and regulations to abide by. You need to be drug-free and maintain good grades to be under this program, your average should be higher than the minimum requirement. If you are found to break any of the terms, then the Pell grant might be cancelled. With that being said, if you are able to meet all the requirements, the Pell grant is a great opportunity for any student who wishes to get a higher education but cannot afford it. And if you play your cards right, the program can be your stepping stone to completing your degree and be debt-free when you finish your studies.

Leveraging pell grants to pay for school is a great idea in a down economy. In order to qualify, the applicant must meet pell grant eligibility requirements. Pell grant requirements have become easier to understand and achieve. To find out more information about pell grants, please visit: =>http://pellgrantguide.org/