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Claiborne Pell. The Higher Education Amendments of 1972 reauthorized the three campus-based programs, leaving the Economic Opportunity Grant Program with the same name, but renaming the two others: the National Defense Student Loan Program became the National Direct Student Loan or Federal Direct Student Loan Program and the Federal Supplemental Educational Opportunity Grant Program ().
It is awarded by the U.S. Department of Education to help eligible low-income students pay for college costs, including tuition, fees, room and board, and other educational expenses.
The Pell Grant is a form of need-based federal financial aid that typically does not have to be repaid, which makes it highly desirable. Everything You Need to Know About the Pell Grant Skip to ...
Nearly 6.1 million students received a Pell grant during the 2021-22 school year, according to the latest data available from the Department of Education. The Pell grant is worth up to $7,395 ...
Federal Pell Grant: A Pell Grant, unlike a loan, does not have to be repaid. Most graduate and professional students are not eligible for Pell Grants, but those enrolled in a post-baccalaureate teacher certification program are eligible. [2] Graduate students may also be eligible for these financial aid programs:
Pell Grant – A grant of up to $6,195 (as of the 2019–2020 Award Year) for students with a low expected family contribution. [19] A 2018 NerdWallet study found that students missed out on $2.6 billion in free federal Pell grants by not completing the FAFSA. [20]
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