2013-2014 Pell Grant Application
Students interested in applying for the Pell Grant must complete and submit the FAFSA (Free Application for Federal Student Aid) application. This application takes into consideration the following student information to determine Pell Grant eligibility:
1. Student (independent student) / Parent (dependant student) adjusted gross income
2. Student (independent student) / Parent (dependant student) total assets, which include stocks, bonds, property, and other financial assets.
3. The total number of family members currently enrolled in a post-secondary institution.
4. The applicantís cost of attendance
Applicants must submit their application either online or through paper form. Both application forms must be submitted before or on the upcoming school yearís federal financial aid deadline.
To be eligible for a Pell Grant, applicants must meet the following requirements:
1. Recipients must be undergraduates and cannot have received a bachelorís degree previously (with the exception of certain teacher certificate programs),
2. Student must be enrolled with the purpose of obtaining a degree or certificate at an eligible institution.
3. Students must also have a high school diploma (or its equivalent)
4. Less than full-time students are eligible for pro rated awards based on their enrollment status.
A student in default on a loan made under any Title IV Direct Loan Program, or who owes an overpayment on any other previously received Federal student aid, may not receive additional funds under the program unless he or she repays the debt in full, or makes satisfactory repayment arrangements with the holder of the debt.
The Pell Grant program is available to low income undergraduate students attending a Title IV post-secondary institution. The Pell Grant program is the single largest source of grant aid for postsecondary education with more than 9.7 million students that receive the Pell Grant. The 2013-2014 Pell Grant award year, which runs from July 1, 2013, through June 30, 2014, has a maximum Pell Grant award amount of $5,635. This is an increase of $85 when compared to the 2011-2012 school year.
Students that have applied for the Pell Grant will receive notification before their school year starts from their schoolís financial aid office. All eligible applicants will either receive an award amount via ACH electronic transfer or check through US Mail. Many schools will pay all school tuition and other expenses with the Pell Grant award first before distribution.