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I have received my Student Aid Report (SAR) and it says I am eligible to recieve a Pell Grant. Does that mean I will get aid?

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I have received my Student Aid Report (SAR) and it says I am eligible to recieve a Pell Grant. Does that mean I will get aid?

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Your SAR states you MAY be eligible to receive a Federal Pell Grant. It further states that the Financial Aid Administrator at your school will determine whether you meet all eligibility requirements to receive aid. The actual amount of aid will depend on the cost of attendance at your school, your enrollment status, congressional budget restrictions, and other factors. To be eligible you must: 1. Be a citizen or eligible non-citizen of the United States with a valid social security number; 2. Have a high school diploma or General Education Development (GED) Certificate or pass an approved “ability to benefit” test; 3. Register (or have registered) for Selective Service if you are a male age of 18 to 25; 4. Attend a school that participates in the program; 5. Be working toward a degree or certificate; 6. Be making satisfactory academic progress toward that degree or certificate; 7. Not owe a refund on a Federal Pell Grant or be in default on a federal educational loan; 8. Have “financi

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