Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Do You Know the Benefits and Limitations of the Federal Pell School Grants?

By Craig Subscribe to RSS | March 13th 2012 | Views:
loading
 
  



The biggest appeal of the Federal Pell grant comes from the fact that it is a sure deal which you will not have to reimburse. Unlike the many other federal loans for students (E.G. PLUS, Stafford or Perkins), these school grants are available to eligible undergraduates for as long as they meet the specified criteria. Moreover, the eligibility criteria are not hard to reach, as long as the student shows he is in dire need of money for the purpose of attaining a higher education degree and he maintains a satisfactory academic performance. As a side note, while these school grants are aimed for undergraduates, certain credentialing programs might also be eligible.

It is necessary to point out that you can apply for the Pell grant even in the case of long distance learning, with the condition that the educational facility provides recognized certification and degrees. However, the maximum amount of cash that a student can receive annually will greatly depend on the attendance status. Naturally, the highest amount will be granted to students who attend college full time, followed by those who undergo three-quarters, half-time and less than half time. Even though a full-time student will receive almost five times the sum granted to a student with less than half attendance, a noteworthy fact is that the Pell grants are among the very few programs that offer money to the latter category.

A third major advantage of the Pell grants resides in its availability. Dissimilar to other student loans, which imply a lot of hassle when starting the application process, the Pell grants can be found almost everywhere. The application process consists of filing in a Free Application for Federal Student Aid and it can be found in libraries, secondary and post-secondary schools, governmental agencies and online. Based on the data you fill out in the application, a committee will decide on your eligibility and the amount you are entitled to receive based on a number of factors, such as family income, size, cost of attendance and for how long you plan to attend college, to name a few.

A further great feature of these school grants is the fact that the funds are transferable. What this entails is the fact that if you decide to move to another approved educational institution while the Pell grant is approved, then you will have the loan money at your disposal. For instance, if you enrolled in a community college with the intention of meeting the minimum requirements for a Master's or Bachelor's degree, then the Pell grant money will be at your disposal when transferring to the higher educational institution.

The limitations of the Pell grants come from the fact that the maximum funds available are modified each year, usually based on the Federal funds allocated for the program. However, if you check on the U.S. Department of Education website, the federal grants section, you will notice that the available funds have constantly been increased in the five past years. On the other hand, while the funds have been increased exponentially from 2007 to 2010, the additional funding added in 2011 is extremely low and the number of applicants is very high.

Craig - About Author:
Please visit SchoolGrantsMoney.com for more information on school grants including nursing school grants.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/education-articles/do-you-know-the-benefits-and-limitations-of-the-federal-pell-school-grants.htm

Related Education Articles Subscribe to RSS

Ensure a bright future for your kid with the best boarding school
Published by Johnsmith on December 27th 2011 | Education
With so many residential schools coming up, the parent most likely tends to get confused about the w...
 
Sydney Film Base - Film school Where Well Known Instructor and Film Maker Is
Published by Billy Dawson on January 6th 2012 | Education
Film school now days are up-and-coming from every part of the world most especially in London where ...
 
Role of school and education in a child's Life
Published by Manjeet Singh on July 27th 2012 | Education
the importance of education by seeing the difference between an educated and an uneducated person. S...
 
Is Your Child Ready for Pre-school?
Published by Phineasrodney on January 13th 2012 | Education
It's easy enough to ask if your child is ready for pre-school, but the real question is whether you ...
 
Information of helicopter flight school and training programs
Published by Louis Philips on January 13th 2012 | Education
If you have a desire to fly, and would like to realize the skills for flying helicopters or planes, ...
 
Choosing a Pre-school Program for Your Child
Published by Phineasrodney on January 13th 2012 | Education
When you are ready to enroll your child in a childhood education program in Port Jefferson, NY you m...
 
Specialize in French by enrolling in a French school in Nice
Published by Esl-schools on June 19th 2012 | Education
Learning a native language is definitely far easier in comparison to learning any other language....
 
Advantages of a Montessori Pre-school Program
Published by Phineasrodney on January 13th 2012 | Education
It is difficult for parents to decide what type of pre-school in Port Jefferson, NY is best for thei...
 
Choosing a disabled school
Published by Jasina on March 1st 2012 | Education
Schools for deaf students often have sign language interpreters throughout the building to help the ...
 
Making Geography fun for school children
Published by Osa on January 19th 2012 | Education
Cyclones in Orissa, a flood in Cherrapunji, a volcanic eruption in Japan, are all events that give y...
 
A perfect way of learning French in French school in Nice
Published by Esl-schools on June 19th 2012 | Education
French is known as one of the most popular languages and is widely spoken by several people all acro...
 
Get admitted in the driving school to be a perfect driver
Published by Gooddrivers on March 5th 2012 | Education
As life is short and valuable so it is vital to not to risk it for anything under any situation. In ...
 
Know how to select the best residential school for your kid
Published by Jones Martin on February 21st 2012 | Education
The best residential school offers highly qualified and competent teaching body which is committed i...
 
Join driving school for better safety on road
Published by Glyn Jones on January 10th 2012 | Education
Driving schools are the best place to learn professional driving. You can learn each and everything ...
 
DO NOT Teach Your Home school Students!
Published by Frederick D on February 23rd 2012 | Education
As home schooling parents, our goal is NOT to teach. Our goal is for the children to LEARN. I could ...
 
How to choose right International school?
Published by Nvid Lada on December 6th 2011 | Education
So you are looking into education abroad? Education at an international school can be a very rewardi...
 
CBSE boarding school guarantees academic and personality development of each kid
Published by Johnsmith on December 27th 2011 | Education
Different boarding schools follow their own course curriculum. Some follow the ICSE board while some...
 
Home school High School - What are the Differences Between Test Grades and Transcript Grades?
Published by Reginald Juan on March 8th 2012 | Education
Some people feel that a grade is a grade, but there is a difference between the grade on your tests ...
 
Opt for the best school in Chennai to ensure high quality education for your child
Published by Jon Dudley on August 17th 2012 | Education
Finding the right school for your kid can be really a tough task. After all this is one decision on ...
 
Homeschool high school Transcripts - the Freedom in Developing a Perfect Transcript
Published by Todd Fernando on February 29th 2012 | Education
Home school parents have plenty of flexibility when it comes to creating a transcript. However, ther...