The largest federal grant program. Students who meet federal criteria for financial need automatically receive this grant, which does not require repayment. Once a student accepts this offer, the grant is automatically credited to his or her college account.
A federally sponsored and administered program that provides grants based on need to undergraduate students. Congress annually sets the dollar rate.
Eligibility and award amounts are determined by each college based on federal guidelines. Pell Grants do not need to be repaid.
The largest federal grant program. The school, based on federal guidelines, determines eligibility and award amounts.
(Higher Education Act of 1965, Title IV, Part A, Subpart I, as amended.) Provides eligible undergraduate postsecondary students with demonstrated financial need with grant assistance to help meet education expenses.
The federal Pell grant program is the largest program of need-based grant aid available to postsecondary students, providing grants to low-income undergraduate students who have not yet received a bachelor's or first-professional degree. Pell grants serve as the base to which other financial aid awards are added.
The largest grant program. Eligibility and award amounts are determined by the college based on established guidelines.