Archive for August 18th, 2007
Federal Pell Grant Program
The Federal Pell Grant program can be of tremendous assistance to college students who come from lower income households as the loans do not have to be repaid.
As you might expect the qualifying standards for the Pell Grants are rather exacting. In addition, the total amount of the grants are capped at a level that is not sufficient to pay all the costs of attending many colleges and universities.
A brief description of the Pell Grant program from the U.S. Department of Education website is as follows: