Pell Grants: What They Are And How To Qualify
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- Опубликовано: 9 июн 2020
- When it comes to grants, Pell Grants are the best. Learn more in our full article here: thecollegeinvestor.com/33804/...
Here's what we're talking about in this video:
▶︎ What is the Pell Grant?
▶︎ How to know if you qualify for a Pell Grant?
▶︎ What does it mean to "demonstrate financial need"?
▶︎ How much money can you get to help pay for college?
▶︎ How To Apply
★☆★Resources Mentioned in this video:★☆★
💵 FAFSA: studentaid.gov/h/apply-for-ai...
★☆★ Want More From The College Investor? ★☆★
💻 Check out my blog here: thecollegeinvestor.com/
Thx, thx, thx!
Thank you. That was a very easy understood definition of what it is. Everywhere else I went to just gave me a very complicated definition which did not really tell me why It came up on my FAFSA.
🙏
How about people who have GED?
FAFSA says Im eligble for Pell grant now school says i am not when they have me signed an Offer Letter last week for 7395 this school year. Their reason was because my EFC/SAI is higher than my COA. In their offer letter it showed im eligible for $7395 Pell grant and thst my COA IS $13131. My EFC was zero and SAP is qualified ot satisfactory.
Thank you for making this video
Thank you for doing this video! Crafts for all kids.. lol 😆 🤣 😂 😹 funny 😁 boo not US citizen..
This is a great video! Thank you so much :)
Do you have to be enrolled currently in undergraduate programs ?
Thank you so much for making this video, very informative and straightforward!
My estimate contribution is so high even though I'm an independent making just over 26k, which isn't worth crap in today's economy. 🙃
Bummer about all this is I qualified for everything but the school does not except Pell grants for Truck Driving CDL/Owner Operation classes here in NM.
I attended community college for Baseball full ssports scholarship and didnt complete so I didnt get my associate's degree . I've been out of school for 4 years , will I be eligible for a pale grant to pay for a school tuition that cost $11,000? Your channels has the most clarity, every other source has given me the run around 😔
Thank you!!
Do you have to sign up for all of your classes at the same time? I want to do full time, but I can only sign up for 2 classes right now. I am in the middle of getting permission from 2 professors(both of their classes are full) to make an exception. That process may take a couple of days. After I obtain written permission from both, I can register for those 2 extra classes, which would bring me to 12 credits. I just hope that waiting on those two classes doesn't knock my pell grant amount down, especially because now my school is past the payment day.
I missed my school's "priority deadline" to submit fafsa by 2 weeks in January and worry that they will reduce or eliminate my pell grant if they run out, what do you think?
It will not reduce your Pell Grant, as that is Federal aid. However, you could lose out on potential scholarships from your school or grants from your state that may be first-come, first-serve.
I am an American citizen attending college here, but both my parents do not work or live in America, when asked my parents annual salary am I supposed to convert their salary to US dollars?
Yes, you convert it to US Dollars for the FAFSA
glad I got pell grants early on - sounds like I get more forgiveness ;)
I'm worried that I won't receive the pell grant anymore due to having a ton of misinformation on my fafsa from when I had to fill it out in highschool despite not knowing what I was doing and received little help a year ago. (my mom helped fixed it but it keeps saying I have unsatisfied student requirements)
Hi I had a question, for one of my colleges when checking my financial aid eligibility it said I was eligible for the federal pell grant and state university grant, does that mean that I officially have those grants if I go to that school or that I might have them? Or does it mean that it’s still being decided?
If it's on your award letter from the school, and you attend that school, you receive them.
@@Thecollegeinvestor my name is Tony Smith and I am gay
hi i had a question! so i have received the california grant and does that only cover classes or does it cover other things like fees as well?
It will help you cover up to the cost of attendance of your school. Your financial aid office or bursar can provide a breakdown.
What is the average money i can get from pell grant if my family income is 40-45k, Cost of attendance is 24k and 4 people in household
The earlier you apply for financial aid, does that give you more money from pell Grant?
i think
The earlier you submit your FAFSA, the more aid may be available to you through your school. Pell Grants are Federal and you either qualify or your don't. Where the FAFSA matters is any additional aid - that's first come first served. So apply as soon as possible when the FAFSA opens in October.
can you apply for financial while you're not enrolled in a college yet? planning to enroll in the spring.
You should fill out the FAFSA in October for next year enrollment.
What if you don't live with parents
It makes it even easier to qualify honestly.
I’m planning to get my GED soon would I still qualify even if I haven’t been in high school for a few years now?
Once you have your GED, and you're applying to college, fill out the FAFSA. You can still qualify as it's based on your financial need.
@@Thecollegeinvestor oh okay I was just asking as I had read that they would also look at your attendance and grades and since I never finished high school I thought that would be an issue. Thank you!
I was qualify for Pell grant do I have to repay back if I drop school half of the money is already disbursed ?
Yes, you will have to repay the amount disbursed for the school you didn't' complete and dropped
What if you don’t t live with parents? And your an adult, you cant qualify for the pell grant if you decide to go back to school? I have gotten it when I was younger but for some reason now when im filing the fafsa I never qualify. I make less than 35k a year.
Can I buy a car with my Pell grant??? Like a down payment??
Likely no. The money goes to your school first, pays your bills (tuition, fees, etc.). Then the rest is refunded to you. You could use that refund to purchase a vehicle, but it likely won't help you because it won't be near enough and you'll have actual school expenses you need to cover.
I think you should clarify you don’t necessarily need to be a US citizen, permanent residents can get them too.
Really?
@@janstrip8926 yep
I just got an email saying that my pell grant estimate is up to $6,345.00 - the thing is I already have an undergrad degree but this I'm going back to school to get a different AA degree at a community college. In your video you mention not being able to get a pell grant if you already have a bachelor's degree. Do you think I messed up somewhere on my FAFSA or can I accept the pell grant because I've never been awarded a pell grant before. Thank you!!!
If you've already earned a bachelor's degree, you're not eligible for a Pell Grant. Don't accept it as you'll just have to pay it back. You probably didn't mess up, but maybe your school did? See this directly from the Department of Education: studentaid.gov/help-center/answers/article/earned-bachelors-or-professional-degree-do-i-qualify-for-federal-pell-grant
@@Thecollegeinvestor thank you so much!
Where in the Fafsa Website do I get to the Pell Grant Calculator you were on?
Do peel grants basically just pay for the college money?
Yes, the help cover the cost of college and are paid directly to your college.
The College Investor thanks
What if I'm not a U.S. Citizen but a permanent-resident in USA, would that be counted for me to get pell grant?
I’m active duty military and I attend college using tuition assistance which covers my only tuition for each class. They do not cover textbooks or anything else associated with a class?
Can I still apply?
Do you have to be a full time student?
Fill out the FAFSA and your schools financial aid office will determine your eligibility.
I looked up this video for the same reason because I was accepted and I’m active duty and only taking one class
@@doctormudbone4432 did you get an answer? Also active using TA for one class at a time
@@brodywelker I'm a reservist doing the same thing, I believe since we are independents are EFC is 0 so you should get the full amount, the TA I'm guessing is separate from fafsa and is just added money. I am currently waiting for my fafsa because i need a letter from my cc to confirm im not on active duty, I can let you know if I was able to get the full pell grant amount when it is completed.
@@michaeljoseph804 yeah if you could let me know how that works out for you that would be awesome. I’m taking a break this semester because they’re sending me overseas. Thanks!
pell grant is also availble for eligible non citizen like permanent green card holder . right?
Yes green card holders are eligible
So my parents and I are estranged. I cannot get their financial information. I remember that I could use my own as long as I could prove that I made a certain amount yearly on my own. If you could provide me any advice it would he a huge help for me.
When you fill out that FAFSA, you would file as an independent student.
I have an associates degree, but I want to get a bachelors in a different major. I’m also over the age of 24. Would I still qualify?
Yes, an associates doesn’t impact you. Age doesn’t matter.
What if your school doesn’t offer financial aid? I’m in trade school/barber school, I have to make monthly payments and I’m barely making it by, I want to take these payments off my back and get a grand so I won’t have to pay back a loan for example. I need help.
If they're not an accredited school, you cannot get a grant or financial aid. You need to be careful with non-accredited schools.
@@Thecollegeinvestor thank you for the info, do you have any info where I can receive help? But to where I don’t have to pay anything back.
Going to a non-accredited school makes you ineligible for any Federal or state assistance. You can look for private scholarships that are merit based. This requires work to find them, apply, and then get the award. It takes time as well. See this list of places to search for scholarships: thecollegeinvestor.com/34200/best-college-scholarship-search-websites/
@@Thecollegeinvestor thank you for the help!
Can you get the pell grant without a high school diploma or GED? if so, how?
You would apply for financial aid at the college you want to attend. I don't think you'll be able to get into college without a GED or high school diploma.
yes, you can.. don't let anyone tell you that you can't. I was homeschooled and never got any diploma or GED .. I just said I had completed high school. Simple as that. They don't have the time or resources to go hunt down every person's diploma or GED. And honestly, even if they said you need one of the two I would just hop into photoshop and make up a GED real quick. But like I said I got into college just fine without either of them and I qualified and got pell grants multiple times. IF they ask just say you were a "Dual enrolled homeschool student" and you finished Highschool but since you, were homeschooled you never got any certificate... don't let that ridiculous idea stop you from getting the education you want. The idea that you would need to prove you did HS to go to college is lunacy. You are paying for college so if you can't pass then it's your money and time .. not the schools, plus the school will gladly take your money they don't care if you didn't go to school ever before. I mean how do you think all us homeschooled kids get into college? about 60% of us never got any actual diploma or GED we just did the required classes
So can Pell grants pay for VOCATIONAL schools/education?
If the school is accredited. Their financial aid office will automatically see if you qualify.
@@Thecollegeinvestor
Awesome, thank you so much.
can you use pell grant to pay for the college dorms?
Yes, the Pell Grant will be applied to your total cost of education - which includes tuition, fees, room and board, etc. You don't really pick and choose what it specifically pays. You get the bill from your school, and the Pell grant goes into your school account, and you'll owe the remainder of the bill.
@@Thecollegeinvestor what do u mean by i will owe the remainder of the bill? what if you get the full pell grant? if you get the full amount of pell grant, you will not have to pay for anything? (including dorms, tuition and fees?)
The maximum Pell Grant award is $6,345. Your total cost (depending on where you go to school) could significantly exceed that - especially adding in living in a dorm.
@@Thecollegeinvestor thanks you for replying. so if the total cost is higher than 6,345 i will have to pay the remainder of the amount out of my own pockets?
Correct, , you’ll have to pay if find other money. For example, scholarships, work study, even student loans.
Hello , so I just received my award letter for the pell grant , do I receive all of it or just some of it ?
If your cost of attendance is higher than the grant, you'd receive all of it. Otherwise, it would be cost of attendance max. It goes to your school's financial aid office directly.
But what if they students use the parents información, but patents are not helping to pay college, what if I'll do it myself as a student??
FAFSA always requires your parents information unless you're an actual independent student. Simply not wanting to pay doesn't make you independent.
So we don't have to pay back the money at all? We can spend it on any other needs? Aside from paying for our books & other fees
Pell Grants don't have to be paid back as long as you're in school. The money goes directly to your school's financial aid office and will go towards tuition and school fees, including books.
@@Thecollegeinvestor What gives you more money, pellgrant or financial aid?
@@devampatel5978 A Pell Grant is Financial Aid... so I'm not quite sure what you mean.
@@Thecollegeinvestor I ment is it possible to get more money other than the pell grant.
Yes. Many states also offer grants. You can also apply for scholarships. And you can get student loans.
Hello,
So after I fill out the general FAFSA around February and the FAFSA is successfully verified, I don't have to apply/sign anything else to receive money from the Federal Pell Grant for my upcoming school year?
The next step will be your school's financial aid office will send you the information for the Pell Grant and/or student loans. And you sign the paperwork through them.
Can I still get pell grant if I get no income from my parents?
Your eligibility for the spell Grant is based on your FAFSA. Fill that out and you’ll see.
Do we have to payback for this grant? Sorry if I misheard
no you dont as long as long as you keep your grades up above a 2.5 i think.
@@emilymarie1773 thank you so much
Do I gotta be broke to qualify for it?
Broke? No. But most awards do to families who make less than $60,000 per year.
What if you’re parents make over 60k together but have debt that won’t allow them to make monthly pay for college ? I know it’s a loaded question 😭😭😭
Don’t let that stop you from filling out the FAFSA and applying for other scholarships as well.
what if you don't live with your parents???? Why do I still need to put their financial info if they don't help me financially...
If you're considered a dependent student, then you must provide their information. studentaid.gov/apply-for-aid/fafsa/filling-out/dependency
If my EFC is $6,000 do I not qualify?
Sadly you wouldn't. That doesn't mean you won't get other aid though.
Can international students qualify for pell grants>?
You must be a US Citizen, US National, or US Permanent Resident.
I’m a may 2020 graduate. I currently owe $26k in loans. Over the 4 years of school it looks as if I accumulated $24k in total pell grant money. Tbh I wasn’t aware I was receiving it. When I start paying for my loans next month, can I contribute that $24k of pell grant money towards my $26k worth of tuition ?
The Pell Grants would have been disbursed to your school and used prior to any loan payments being used. Anything extra would have been refunded to you. If you believe you overpaid, you need to have your school bursar/financial aid office pull your awards and your payments, and see the transaction history.
Dang! hope you get this figured out. I'm shocked you went through 4 years of college and never knew you had Pell Grant money.... so if I understand your statement you took out student loans unnecessarily? I sure hope you can use the Pell grant money to pay back the loans you have. Good luck.
@@onetrueheart see my thinking is that the pell grant money I am seeing on fafsa was already applied to my overall tuition owed. So if I didn’t have it I’d owe $50k. Make sense? Ok idk
@@onetrueheart the comment above yours states that my school should’ve applied those pell grant loans
Can I use a pell grant and education assistance? I got both but then got a note from the university that i can’t use the pell grant cause I got education assistance.. but i need a new laptop and wanted to use the pell grant to do that. I don’t understand why i can’t have both? Can someone help
You can only receive financial aid up to the Cost of Attendance provided by your college. You need to see how much is being covered by financial aid. Chances are, it's 100%, so that's why the Pell Grant also can't be issued.
@@Thecollegeinvestor I’m looking for aid to purchase a laptop. Why can’t the pell grant cover the cost of “school supplies”?
It can if the cost of attendance covers it. And in that case, what happens is all the money goes to the school, and they refund you the excess. You can then use that to purchase supplies. You need to speak with the financial aid office about what the cost of attendance is and what the aid is covering.
Do pell grants go directly to the College or Do we get it first and then have to pay with the allotted money that we received?
They go directly to the college's financial aid office. Any extra is refunded to you via your school.
I'm still applying for my citizenship 😿😿😿
Does this program still activate?
Yes it’s a federal government program
I got a email from my fafsa and it said my pell grant estimate is 6k. Does that mean fafsa will give me 6k for college or is that a different thing?
Yea I believe so lol you lucky asf, mines was only 2500
Can somebody help me with mines
I have a letter from Fafsa.Gov stating "Based on your EFC of 0, you may be eligible to receive a Federal Pell Grant of up to $6,345 for the 2021-2022 school year provided you have not met or exceeded the lifetime limit established for the Federal Pell Grant program." How do I apply to receive the grant?
When you are enrolled in college, your schools financial aid office will see if you are eligible and process it. The funds are paid directly to the school.
@@Thecollegeinvestor Okay, thank you! I didn't want to apply for classes and realize they're not paid for. Haha.
Who gives you the Pell grant
The US government is who is technically giving you the grant. However, it will be offered to you via your schools financial aid office.
Do you get the full amount
@@datboimartin1765 depends on your income your family s income if you are younger then 24 and the cost of your school
Me
Okay so I looove that you have a table of contents down below your video but what I noticed is there’s no time stamps next to them so fix that. Thnx
I am taking financial now, is it the same or different?
I will be grateful for any response.
Grants are FREE and you don't have to repay them; however, loans will need to be repaid. So the question now is what kind of aid did you apply for? Grants or Loans? If you think you qualify for a Pell Grant; I'd go back and review the video and revise your aid application if you can. BTW, I'm not a member of the College Investor Team. I'm just offering a reply to your question based on what I know.
It's FAFSA, not FASFA.