What are pell grants usually used for?

Answer 1

Pell Grants provide money for tuition and academic expenses to college students. They are funded by the U.S. Department of Education and are intended for those with financial need. They do not need to be paid back.

Answer 2

A Pell grant is federal aid for college undergraduates. They do not have to be repaid and are usually the first type of aid that a student requests. They are granted to students who are applying to an undergraduate school and can be used with other types of aid.

Answer 3

Pell grants are grants that are given to students by the government with a lower interest rate than other types of loans given out by banks. They acquire interest slower, and start interest later.

Answer 4

You can complete the Free Application for Federal Student Aid. Once successful, you can obtain a maximum of 5500 per award year which does not need to be repaid, but it is dependent on your financial need.