F.A.Q.’s about Pell Grant Requirements

There is quite a long list of Pell Grant requirements that you may or may not know about. These pertain to documentation needed to fill out the financial form, but it also pertains to requirements for determining eligibility.

The easiest way to answer these questions is to just present them in a Frequently Asked Questions and answer format. This should provide you with the answers you need.

How does a person determine eligibility for a Pell Grant?

One way that you can determine if you are eligible is by using a Pell Grant Eligibility Worksheet. The calculations made while working out this sheet will help you anticipate how much of a grant you will receive. However, you should be aware that you still need to fill out the FAFSA form.

What information does a person need to be able to apply for and receive financial aid?

Whether you are seeking a Pell Grant or you are looking for loans to pay for school you need to provide all your personal and financial information. Some of the primary sources of info you would provide would be your Social Security and driver’s license numbers along with your bank account information. You would also provide W-2 Forms, Tax forms, or other proof of the income earned in a year.

What is meant by “Expected Family Contribution” in regards to being eligible for a Pell Grant?

The Expected Family Contribution (EFC) is a calculation that determines how much money your family could contribute to the cost of your education. This does not mean your family will. It just indicates what a family could contribute if they did.

How does a person become eligible?

Pell grant eligibility depends upon a variety of factors. In the case of the 2010 to 2011 school year your EFC level should be below 4, 617. Additionally, you should be a U.S. citizen or have legal right to reside and study in this country. The type of degree you have and your lack of a criminal record and/or income level is another factor determining whether you receive a grant or not.

How much Pell Grant money is awarded to one person?

The maximum amount is 5,500 dollars a year. For a semester the amount is 2,750 dollars.

How many times (or for how long) can I receive a Pell Grant?

You can usually receive this money on a yearly basis. The money is usually dispersed every semester.  

Does Pell Grant money ever have to be paid back?

Usually the Pell grant money does not have to be paid back. The only exception would be if you withdraw before a certain date within the semester.

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