The Federal Pell Grant is a government assistance program that can help single mothers pay for the cost of their children’s higher education expenses. On this page we’ll be showing you what the program is, what requirements have to be met before awards are granted, and how to apply for assistance.
What It Is:
The Federal Pell Grant is, unlike what a lot of folks are led to believe, a “free” cash assistance service, and does not have to be repaid like a traditional loan. These grants are awarded to postsecondary students that have yet to earn their degree or bachelor’s.
The amount awarded by the grant varies, depending on a student’s situation and family contribution, but it can range between $500 and $5,815. Awards are calculated based on the specific institution that a student has chosen to enroll at, and also how much his family can contribute towards his or her educational costs.
How It Works:
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There are roughly 5,400 postsecondary institutions throughout the United States that participate in the Federal Pell Grant Program. Depending on a student’s Expected Family Contribution, the school they are enrolled at, their enrollment status, and the cost of their attendance, awards are granted to students that show the biggest financial need.
In order to receive awards, students will need to fill out a Free Application for Federal Student Aid form, after which they will get a Student Aid Report, which is the document that will advise whether or not they are eligible for a Federal Pell Grant. Students may be paid (likely by check) directly or their student accounts may be credited with the Federal Pell Grant funds, depending on how their institution administers the grant.
How to Apply:
You can apply for a Federal Pell Grant if you are enrolled at a participating school and have not yet obtained your degree or bachelor’s. There are also some Federal Student Aid eligibility requirements that must be met before grants can be awarded to students. Your first step in applying for assistance is to complete a Free Application for Federal Student Aid. Visit the website link for more information.
Should you have any queries or need some help with your application, you can also contact the Federal Student Aid Information Center at 1-800-433-3243. The higher education institution that your child is enrolled at should also be able to assist you with the application for a Federal Pell Grant award.
As you can see, the Federal Pell Grant program can assist single mothers with the payment of yours or your children’s higher education expenses. We hope that this post has shown you what the program entails and how it can benefit you and your family.