What can Pell Grant money be used for?

Answer According to the U.S. Department of Education, the Pell Grant is for undergraduate students who have not yet received a bachelor's degree. Students who demonstrate financial need can use the grant ... Read More »

Top Q&A For: What can Pell Grant money be used for

Can Pell grant money be used for living expenses?

Pell grant money can be used for living expenses, if the amount of the grant exceeds college tuition and fees.The federal government pays Pell grant money first to the college. Money in excess of t... Read More »

What Happens to the Pell Grant Money I Don't Use?

The federal government provides the U.S. Department of Education with an annual allotment of funds intended for use in the Federal Pell Grant program. The U.S. Department of Education distributes t... Read More »

What is the maximum amount of money available on a Pell Grant?

The maximum amount of money available on a Pell Grant is $5,550 for the 2010-2011 award year. The actual amount received will depend on financial need, tuition costs, and the student's full-time o... Read More »

To Whom Does the Pell Grant Money Go?

Federal Pell grants are the foundation of the government's financial aid program for low-income students planning to attend institutions of higher learning. Unlike federal student loan programs, Pe... Read More »