The Pell Grant was established to provide education to those who are unable to afford higher education beyond their high school years. The most vital thing that you should know to qualify for this grant is your ability to demonstrate a financial need for such aid. Before you get excited about the grant, it is important to first understand the Pell Grant, get to know its limitations, how it can help you and how to get approved each year. With the information you provide in the FAFSA, the Department of Education will determine your financial need through the Expected Family Income (EFC) metric. It serves as an estimate for the amount of money your family can contribute towards your educational expenses in the upcoming school year. As mentioned earlier, it plays a vital role towards determining whether you get the grant or not. Also, bear in mind that you will be disqualified from receiving this award if you exceed the set EFC cutoff amount.
First off, you must only attend the universities which are participating in the Pell Grant program. A satisfactory academic progress is also expected from you in a degree-oriented curriculum and most of the Pell Grants are awarded to those who are attending an undergraduate program.
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