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What is a Pell Grant?

April 26, 2017Pell

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What is a Pell Grant?

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A Pell Grant is gift aid that you do not have to repay. It is given to very needy students. The Pell Grant is based on your Expected Family Contribution (EFC). The EFC is the number arrived at by processing the data you provide on the FAFSA.

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A Pell grant is a federal grant for education that does not need to be paid back. You must qualify for a Pell grant, which is based upon your income.

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The Pell Grant is a need-based grant ranging from $976 to $5350 per year. The Pell Grant is available to degree seeking students with an EFC of 4617 or less (as determined on the FAFSA).