Financial Aid Research

As you are conducting research on your assigned type of financial aid use this document
to take notes. You are only required to turn in one copy per group. Please make sure all
group members names are on this assignment.

Group Members: Sarah Chandler, Antonio Hurtado, Christa Carranza

Topic:Federal Pell Grants

1. Name of Loan, Scholarship, Pell Grant
Grant

2. Eligibility requirements Not awarded if in jail.
Awarded to only
undergraduate who have
not earned a bachelor's or
professional degree. High
school diploma, if you are a
male 18-25 be registered
with selective service. US
government provides to
students who have financial
aid.
3. Amount given The maximum Federal Pell Grant for 2016–17 (July
1, 2016, through June 30, 2017) will be $5,815. The
amount an individual student may receive depends on
a number of factors.

Federal Pell Grant, unlike a loan, does not
4. Re-payment specifics
have to be repaid, except under certain
circumstances..

Repayment is necessary if the amount
5. Any additional information you feel
given to you was more than you were
would benefit your peers
eligible to receive (this is called an over-
award).
Notes pertaining to your video
The Federal Pell Grant Program provides need-based grants to low-income undergraduate and certain
postbaccalaureate students to promote access to postsecondary education. Students may use their grants at any
one of approximately 5,4 00 participating postsecondary institutions. Grant amounts are dependent on: the
student's expected family contribution (EFC) (see below); the cost of attendance (as determined by the
institution); the student's enrollment status (full-time or part-time); and whether the student attends for a full
academic year or less.Students may not receive Federal Pell Grant funds from more than one school at a time.
You may not receive Federal Pell Grant funds from more than one school at a time.