Are federal Pell Grants taxable?

Answer As long as the money is used for a qualifying expense, including tuition, fees, books and supplies, the amount of a federal Pell Grant is not taxable income. Pell Grants give money to financially n... Read More »

Top Q&A For: Are federal Pell Grants taxable

Are pell grants taxable?

According to the IRS, Peel Grants are not taxable as long as they are used to pay tuition and other educational expenses during the grant period. Supplemental Educational Opportunity Grants and Gra... Read More »

How to View Federal Pell Grants?

The Pell Grant aids college students with financial needs so that they can afford school expenses such as tuition and books. In order to receive a Pell Grant from the government, applicants must pr... Read More »

What are the Criteria for Federal Pell Grants?

Federal Pell Grants are need-based grants available to students who attend a 4-year college or university. Although the amount of Pell Grants recently increased as part of the Student Aid and Fisc... Read More »

Do federal Pell Grants need to be repaid?

Repayment is not necessary for Federal Pell Grants. The amount of the grant is determined using a variety of factors including financial need, costs to attend college, full-time or part-time studen... Read More »