Nitro Knowledge. Your Guide to Paying for College.
Federal Pell Grants are one of the most sought after forms of financial aid awarded by the federal government. They can be worth thousands in free money for college and there isn’t a set number of people that can receive them. As long as you meet the financial need requirements, this money is as good as yours.
Here’s what you need to know about this coveted form of financial aid:
Need-based grant aid can be hard to estimate. After all, there aren’t specifics stated for income requirements and more grant aid can be awarded in one year. So how to predict how much financial aid your student might receive next year?
Grants are one of the best sources of financial aid. Why? Like scholarships, they generally will not require repayment. Even better, many are based solely on income. You don’t have to worry about competing based on grades or other factors. The income is wide ranging, so many middle class families will still qualify.