What is the value of a full Pell Grant?
374244
you can get up to 2025.00 per semester - that would be for fulltime 12+ credit hours\n\nNot to exceed 4050.00 between July 1, 2006 and June 30 2007
471409
That number means that your Expected Family Contribution is $0 (put another way, this means you are a "full need" student).  \n\nHowever, it should be emphasized that this does not mean that 100% of your schooling will be paid for. Many FAFSA applicants mistakenly believe that a $0 EFC (or very low EFC) means that the school or the government will cover the remainder.  This is not the case.  Most colleges do not have the means to meet all their students' full need through scholarships, and almost all of the Federal awards have limits that often fall short of tuition costs. \n\nHere is a sample financial aid package for a $0 EFC student (this assumes that you are a first-year dependent undergraduate student):\n\n-- $2,626 Stafford Loan\n-- $4,050 Pell Grant\n-- up to $4,000 (max.) Perkins Loan *\n-- up to $4,000 (max.) SEO Grant *\n-- a Federal Work-Study Award (FWS) -- from as low as a few hundred $ up to your unmet need *\n\n* {These funds are allotted at the school's discretion. These days, there is never enough SEOG, Perkins, and FWS to go around, so it is uncommon for schools to award students to their maximum eligibility.  While a student *could* be eligible for a great deal of Work-Study, most schools impose limits of a few thousand at most.}\n\n-- Your home-state may offer additional grants/loans to their residents. These awards are based on financial need, but check the criteria before expecting these funds to be part of your package. \n-- scholarships from your school (amounts very greatly and may not be based on your financial need but, rather, academic performance, etc.)\n\nLook at these awards in light of your tuition costs.  If you are planning on attending a low-cost school, it is possible that your financial need will be met with this package.  However, the average undergraduate student's financial aid package won't meet the cost of a private school education and you will need to seek out private/outside scholarships, appeal for additional scholarship from your school, or borrow a non-federal loan to supplement your aid package.\n\n{Just in case you aren't an undergrad... As a grad student, your $0 EFC would make you eligible for up to $18,500 in Federal Stafford loan funds and up to $6,000 in Perkins loan funds.  Graduate students are not eligible for Pell or SEOG.}
426985
To answer your second question first: Yes, in theory, a student at a $40,000/year school could receive more financial aid than a student at a $10,000/year school. However, there are limits to the amount of federal aid that a student can receive.  Pell grants, for example, are capped at $4050 whether you go to a community college or to a private Ivy League school. Stafford, Perkins, SEOG, and most state aid (just to name a few) are also capped.  As such, the higher cost of a private college can often only be met with private (or PLUS) loan funds or scholarships (from the institution or from outside sources).  \n\nAs for whether you will get much money...\n\nYou might not be eligible for Federal grant aid, but that doesn't mean you can't get some -- or a LOT --  of financial aid, including "free" money like grants and scholarships.  Families of all income levels have been known to get large financial aid packages.  If you're a low-need student, your eligibility for aid will probably depend on whether your school gives money for reasons other than financial need.  Broadly speaking, very competitive, prestigious schools aren't hurting for bright, qualified applicants -- so they don't have much reason to "woo" wealthy students (when they stand such a good chance of enrolling them anyway).  Instead, these schools often focus on their needier pupils; some have policies stating that they will only give need-based aid (a well known example is Harvard's promise to meet the full need of families with AGIs less than $50K).\n\nThe majority of schools, of course, don't fall into this category.  Many are in direct competition with the above schools and, in order to attract the "top notch" applicants will offer merit-based scholarships -- even to students wo don't show need.  \n\nYou know how, when you're applying to schools, they tend to fall into categories ranging from your "reach" school to your "safety" school? Well, most colleges have to look at applicants the same way: they will have an "A list" and a "B list."  It often doesn't take a lot of money to enroll a "B list" student, but in order to enroll their top-notch students, they may have to go the extra mile -- and sometimes this "extra mile" has a lot to do with money...\n\nAll this said, make sure you file the FAFSA regardless of what you *think* you can or can't get.  Many people are surprised.  Your eligibility for Financial Aid depends on a lot more than just your parent's income (or your income).  The EFC formula takes into account where you live; how old your parents are (i.e. how close to retirement they are); how many people there are in your household and, of those people, how many are in college, etc.
590700
Pell grants are a federally funded program and typically would not be available for private schools.  It was started as an initiative to encourage more Low-Mid income families to send their children to college and is not even continued to post graduate degrees.  Your only hope is the chance of a scholarship or the kindness of others.
577655
There are three factors that determine your eligibility for Pell:\n1.  your enrollment status (full-time, part-time, etc.)\n2.  your Cost of Attendance (COA), and\n3.  your EFC\n\nIf you are full time and your COA is at least $4,050, you can receive Pell if your EFC is $3850 or lower.  However, Pell amounts are pro-rated, so a student with a $3,850 EFC will only get $400 (at most) in Pell (for the YEAR).  Not very much, huh?\n\nThat said, as you can see on the table below, Pell is very sensitive to EFC changes, so if there were any errors on your FAFSA, you will want to correct those ASAP.  If you don't feel that your EFC is accurate, you should speak to your school.  They may allow you to submit documentation of your financial hardship which they can then use to recalculate your eligibility for Federal Aid.
190685
Try taking the ACT or SAT.  If you score high, you may be eligible for some scholarships, depending on how high.\n\nAlso, many who do not qualify for Pell Grants still can get student loans, which do not need to be paid back as long as you are in school at least half time (6 semester hours).\n\nDid you go to the FAFSA website and apply for federal aid yet?  If not, do that first.
22627
*****EDIT for Information Purposes*******\nUnder the new Title law, as long as you have actually completed the semister, you are not required to pay back the pell grant or any other FA grants.  however, if you didn't finish the semister, then you are required to repay 50% for every 1/2 semister that you didn't attend.\n\nYou stated that you completed the semister, so no, you are not required to repay.\n\n****Begin original answer******\nPell grants are awarded solely on demonstrated financial need to every eligible undergraduate student who hasn't already earned a bachelor's or professional degree. The amount of your Pell grant will depend on your financial need, your college costs, and whether you're attending college full time or part time. The funds can be used for tuition, fees, and living expenses.\n\nBecause it is a GRANT, it does not have to be repaid.
21935
There is a website that I have used in the past to see how much money I will get before I filled out the lengthy FAFSA application that might help in your situation.  You just enter your financial information in the boxes and then gives you your EFC (Expected Family Contribution) as well as the amount you will receive from the pell grant.
514208
You better learn to sell.\nGet a commission sales job at a yellow pages company for lots of $.\nDid you get a Pell Grant yet?
40014
You will need to check with the school, but the Dept. of Education recently began allowing Pell money to count towards online, for-profit institutions like University of Phoenix.  My guess would be that DeVry also has similar access to Pell funds, but you want to check with their Financial Aid people.
88239
So you wont have to pay as much of college tuition out of your pocket. Were talking about a range around 20,000-40,000 a year. The more scholarships and grant you get, the less you have to pay in loans and in cash.
1054945
There is really one main application that is a "must do" when applying for financial aid -- the FAFSA.  If you only complete this single application you are automatically reviewed for virtually every financial aid package available to US students.  Pell Grant is also obtainable as a piggy back off the FAFSA application.  \n\nYou can complete the app online at no cost to you -- watch out for sites that try and charge you ... there is no reason you should have to pay.  You can obtain a pin number as well allowing you to communicate about your application strictly via the web.\n\nBest of luck to you
184442
you should receive an award letter in the mail saying that you will recieve the grant. but if you look on the fafsa website www.fafsa.ed.gov you should be able to find something that will answer your question that is if you are talking about your federal pell grant
287442
From what I understand, there will be more money to fewer people. \n\nThe current administration is using a new formula to determine who is eligible for pell grants. This new formula negatively affects a large percentage of Pell Grant recipients. The administration however says that the parents of the recipients that are not eligible will get a tax break, therefore use the extra money to assist in paying for the education.
870110
Fill out the Fasha online.  That will tell you how much government money is available to you.   Then go to your high school guidance counselor and ask for more suggestions.
837487
total $44,350\nEstimated Personal Expenses  $2,795\nTotal Budget  $46,450\n------------\nWe assess the financial circumstance of each applicant and his or her family individually in order to craft a financial aid package that will meet fully each family's demonstrated need. The College does not award merit scholarships of any kind. For international students who qualified for financial aid for the 2005-2006 academic year, an average aid package includes a $2,000 job offer, a $1,650 loan and $26,500 in scholarship. Compare these average award figures to 2005-2006 tuition, room, board, insurance, fees and personal expenses that total $44,350.\n\nAccording to this, if you're qualified for scholarship, you just need $20, 000/ year and renew every year [you have to reapply]. (if not, $46,450)\n\n-------------\nCost of Attendance for 2006-2007\nTuition  $30,275\nHealth Services Fee  $1,390\nStudent Services Fee  $2,044\nRoom  $5,328\nBoard  $4,618\nSubtotal\n $43,655
100411
Go to http://www.nslds.ed.gov/, This site will give you all the information like when you will get Disbursed of funds left over from Pell Grant, How much you got from financial aid from other schools, and more. Check it out! It might be what you are looking for.