Pell Grants

New in Jan. 2015 - The Federal Pell Grant Program is the “foundation” federal student aid program and provides grants to financially needy undergraduate students to help pay the costs of attending postsecondary education. Students must apply by filing a Free Application for Federal Student Aid (FAFSA). The Pell Grant is funded by both discretionary and mandatory funds and each award year Congress establishes the minimum and maximum Pell Grant award level. This occurs during the annual appropriations process when Congress approves discretionary funds for the program; for FY 2015 the Pell Grant was fully-funded during the appropriations process.

  • Publication Date : 1/22/2015
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