Pell Grant Single Mothers-Your Free Ticket To Getting Your College Degree
Pell Grant Single Mothers is a great financial help for single moms. You don’t have to pay it back, so it’s definitely worth applying for. If you’re a single mom wanting to go back to school, but don’t have the money, read on to find out more on how you can benefit from Pell Grant Single Mothers.
Pell Grant, which used to be known as Basic Educational Opportunity Grants, is a need-based federal program that is given to students with financial needs or enrolled in certain licensure or certification programs. The money awarded to qualified students is paid directly to them by their respective college or university. Financial need, as determined by the U.S. Department of Education, is generally the main basis for granting a Pell Grant to a student. But it is also important that a student should not have a previous bachelor’s degree or should be enrolled in a qualified post-baccalaureate program in order to qualify. The total amount granted to eligible students depends on different factors. You have the financial need, enrollment status (half-time or full-time), cost of attendance (COA), and if a student plans to attend one complete school year or less. For school year 2010-2011, the current maximum Pell Grant amount awarded to students is $5,550. A specific formula is generally used for determining the financial need of a student. This formula will rely on the accurateness and completeness of your FAFSA in order to conclude whether you’re eligible for a Federal Pell Grant or not. However, the assessment standards will vary for students who are dependent and independent.
Is it possible to get more than one Pell Grant a year? Sadly, it’s a “No.” This is probably one of its downsides—it’s free, but you’re only entitled to one per year. But the good side is that you can use your Pell Grant in thousands of accredited educational institutions. The Pell Grant money that an eligible student will receive is normally forwarded to her respective school. The school could either give the money directly to the student or use it to pay the costs of her education. Any left over money from the Pell Grant should be given to the student. Application for this is done by filing a FAFSA. You can find the appropriate FAFSA form through online means. In order to avoid confusion and stress, you may want to take advantage of the comprehensive guides that are available online. These will give you important insights on the preparatory steps and requirements involved in FAFSA filing. There’s really no guarantee that you’ll automatically get a Federal Pell Grant once you file an application. With the high cost of education these days, you can expect that other single moms out there are also placing their bets on this. Despite that fact, Pell Grant Single Mothers is still definitely worth the try. |
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