Monday, February 21, 2011
To get the Pell Grant, you would have to fill out the FAFhttp://www.blogger.com/img/blank.gifSA which would ask your financial information such as income and assets. The government uses this information to figure out how much money they would give you. Generally, the less that you have and the less that you make, the more grant money you can expect to receive. Once you get the money, you can pretty use it on whatever you want. When I received my grant, I used it to pay for tuition and books. I try to save as much of the money that I can. Typically, you could get several thousand dollars per semester and tuition eats up a good chunk of it.
Every year that you want to receive the Pell Grant, you would have to fill out the again. This is because your financial situation may change every year so the government needs to check your income and assets again. I was lucky enough to get the grant for the 4 years of college because my financial situation did not change much. This is a really good program for single moms that want to get ahead.