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Where can I get money for tuition?

Does the Federal Pell Grant cover only tuition? Can you get extra money?

  • Do the funds only cover tuition? or can one get more money since the grant is for "need based". (due to an EFC of 0000 for example) can you get a check on the mail like the ACG? Because I checked my SAR and under transaction #1 it said that I can qualify for up to 5,350 max because of my EFC of 0000.

  • Answer:

    Jesus: The money for your Pell Grant is sent directly to the school, where they will use it to pay what you owe for tuition and fees. Once you've satisfied your account balance, any remaining funds will be passed on to you, for your use in paying for other educational expenses. Your aid eligibility is determined by two primary factors - your EFC score and your school's Cost of Attendance. No matter how extreme your financial circumstances, you can not receive aid that exceeds the total amount of your Cost of Attendance. Every school has its own Cost of Attendance figure - it's an estimate of what it will cost the average student to pay for tuition, fees, books, room and board, school supplies, and things like gas money to commute to school. Your school starts with that estimate, and begins subtracting money that is available to you - either your own money or financial aid money. As money gets subtracted, your "need" goes down - and when the school considers whether you qualify for more money, they look, first, to see how much "need" you have remaining. If your EFC score was zero - you are eligible for a Pell grant award of up to $5350. You would receive the entire $5350 if you register as a full-time student in both the Fall and Spring semesters AND if you have at least $5350 in remaining financial aid need. No matter what your Pell award might eventually be, the money will go, first, to your school, and then, any remaining funds will be forwarded to you. I hope that helps - good luck!

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Krillin18

It depends on how much tuition is at the school you are going to. I will be getting the Pell Grant, and it is just enough to cover my tuition minus a couple hundred dollars. The max is $5350 a year, so this would be the total amount that you get for fall, spring, and summer (if you go to summer school). And it is also possible for you to receive a federal supplemental grant, which can be up to an additional $4000. But it all depends on your school.

Miss A

It will cover tuition plus books. When I had mine I went to a community college and it covered all tuition, books plus I received a couple of checks around 800 throughout the year. HOWEVER, after the community college I went to graduate school and ended up having to pay a 4,000 loan after the pell grant paid what they good. It all depends on the cost of tuition. But be careful...I was totally suckered into the loan and promised that the pell grant would cover when in fact it did not!

c

The Pell Grant is based on finances. You can spend the money on whatever you want that is school related. The money is sent to your college and if there is any left then it will go to you.

vagueship

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