Federal Pell Grant

The Federal Pell Grant is a need-based grant program administered by the U.S. Department of Education through Federal Student Aid. It provides financial assistance to undergraduate students who demonstrate exceptional financial need to help cover the cost of postsecondary education. Unlike loans, Pell Grants do not have to be repaid unless funds are received under fraudulent circumstances or certain enrollment conditions change. The Pell Grant program is the largest federal grant program for undergraduate students and serves as the foundation of federal financial aid. Eligibility is determined by factors including Expected Family Contribution (EFC) or Student Aid Index (SAI), cost of attendance, enrollment status (full-time or part-time), and whether the student attends for a full academic year or less. Students must complete the Free Application for Federal Student Aid (FAFSA) to apply.