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Federal Pell Grants are only available to undergraduate students and do not have to be repaid. Stafford Loans are available to both graduate and undergraduate students, but do have to be repaid.

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16y ago
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9y ago

Federal grants do not have to be paid back, while loans do. This aid is taken from the federal general fund. The grants are given for a specific purpose, and recipients are required to meet the restrictions of the funds.

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Q: What is a Federal Pell Grant?
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Related questions

What is the grant that is considered the foundation of federal financial aid?

Federal Pell Grant


What grant is considered the foundation of financial aid?

The Pell Grant!, i just took the quiz on apex


Is the Pell Grant the same as FAFSA?

The Pell grant is not the same as the FAFSA. The FAFSA stands for Free Application for Federal Student Aid and it is what you fill out to find out if you are eligible for federal financial aid, including the Pell grant.


What is the grant that is considered the foundation of financial aid?

Federal Pell Grant


Where can I find a federal pell grant application online?

There are several websites which can assist with applications for a pell grant. For example: www.ed.gov/programs/fpg/index.html and www.thepellgrant.com/pell-grant-application.shtml


You dont have a job can you get approved for a federal pell grant?

Yes.


What is considered the foundation of financial aid?

Federal Pell Grant


Where can one find information about a Federal Pell Grant?

Information about a Federal Pell Grant can be found on the US Department of Education website, at a school guidance counselor office, or at a bank branch.


Where can one get a pell grant for college?

A Pell Grant is money that the American Federal government gives out to students who need this grant to pay for college. It is limited to students in need of financial aid.


How do I apply for pell grant?

In order to apply for a Federal Pell Grant (formerly called Basic Educational Opportunity Grants) you will need to fill out a free application for Federal Student Aid from the US Department of Education.


What is the grant considered the foundation of federal financial aid?

The Pell Grant!, i just took the quiz on apex


How can I trace my school pell grant?

There are two ways to trace your school pell grant. Frist, go directly to your school's website and check under your personal account for "financial aid". Secondly, go to www.fasfa.edu the federal website for pell grant information