The Pell Grant: Requirements and Application Process

The Pell Grant is federal financial aid designed for low-income students seeking to finance their university education. Because it's a grant and not a loan, it does not have to be repaid, which makes it a very valuable resource.

What is the Pell Grant?

It's a federal grant for undergraduate students who demonstrate financial need. It's meant to cover higher-education costs such as tuition, books, and related expenses.

Main requirements

• Demonstrate financial need based on the FAFSA.
• Be a U.S. citizen or eligible permanent resident.
• Be enrolled in an eligible undergraduate program.
• Maintain satisfactory academic progress.

Application process

1. Complete the FAFSA: it's the form that determines your eligibility for federal aid.
2. Review your SAR report: you'll see a summary of your information and your need index.
3. Receive the aid offer: your university will tell you the grant amount.
4. Renew each year: you must submit the FAFSA again every academic year.

Applying for the Pell Grant should be every student's first step: it's money you don't pay back and can significantly reduce your need for loans.