Create a New Forum Admin Login Member Login Contribute to Voyager Search VoyForums Help Desk VoyForums Exchange VoyForums Directory/Categories VoyForums Homepage VoyForums News FAQ - Frequently Asked Questions

[ Show ]

Support VoyForums

[ Shrink ]

VoyForums Announcement: Programming and providing support for this service has been a labor of love since 1997. We are one of the few services online who values our users' privacy, and have never sold your information. We have even fought hard to defend your privacy in legal cases; however, we've done it with almost no financial support -- paying out of pocket to continue providing the service. Due to the issues imposed on us by advertisers, we also stopped hosting most ads on the forums many years ago. We hope you appreciate our efforts.

Show your support by donating any amount. (Note: We are still technically a for-profit company, so your contribution is not tax-deductible.) PayPal Acct: Feedback:

Donate to VoyForums (PayPal):

[ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: [1] ]

Subject: Re: Pell Grants Author: Moderator [ Next Thread | Previous Thread | Next Message | Previous Message ] Date Posted: 01:03:19 07/08/03 Tue In reply to: Marsha 's message, "Pell Grants" on 23:59:07 07/07/03 Mon >Can someone please explain the Pell Grant to me? The Federal Pell Grant program is for undergraduates, full-time or part-time, who have not yet earned a bachelor's or professional degree. Pell entitlement is determined by the FAFSA form, which generates a Student Aid Report (SAR). The SAR indicates a dollar amount for the Expected Family Contribution (EFC). Aid administrators begin work by checking whether a student's EFC is low enough to qualify for a Pell Grant. The lower the contribution expected, the more "need" the family is considered to have. The dollar amount of Pell Grants depends on yearly appropriations by Congress. For the 2003-2004 aid year for full-time students at most schools, an Expected Family Contribution of zero results in a maximum Pell award of $4,050. The maximum EFC that qualifies for a Pell grant is $3,850. Only a very small percentage of families that file a FAFSA actually qualifies for a Pell Grant. Such families generally fall into the lowest income third in the nation. [ Next Thread | Previous Thread | Next Message | Previous Message ]