Pell Grants are one of the most sought-after forms of financial aid. They are awarded by the federal government and can be worth up to $6,495 for the 2021-2022 school year. Yet, there is a lot of confusion about who qualifies and for how much.
Let's dive into the top five myths about Pell Grants, so that you can get ALL the grant money you may be entitled to.
An important distinction when filling out the Free Application for Federal Student Aid (FAFSA) is whether to file as a dependent or independent student. Which one are you? Your choice could have a big impact on how much aid you receive.
Why is that? Because the more income you report on your FAFSA, the less aid you'll receive.
The most affordable way to earn a bachelor's degree is pretty simple: Start at a community college and then transfer to a public, in-state school. Oh, and live at home if you can.
This may not be the sexiest option you can imagine, but with ever-soaring tuition costs, it just might be the most sensible path. Your future self will thank you for not going into massive debt to fund your education.
© 2021 Nitro College. All Rights Reserved.
Disclaimer: The information obtained throughout the Nitro site is intended to be used for educational purposes only. All product names, logos, and other trademarks displayed within the Nitro site are the property of their respective owners. Here at Nitro we strive to provide you with accurate, up-to-date information, but suggest checking the source directly. We recommend consulting a licensed financial professional before making any financial decisions. This site may be compensated through our partner relationships. NitroCollege.com is not endorsed or affiliated with the U.S. Department of Education.