Unlike federal student loans, Pell Grants don’t have to be paid back except under certain circumstances. Millions of Pell Grants are awarded each year to eligible undergraduate students who submit the Free Application for Federal Student Aid (FAFSA ®) form.

Federal Pell Grants are awarded to undergraduates based on financial need and cost of attendance.

Oct 4, 2024 · From Pell Grants to federal work-study opportunities, ED has resources to help students fund their educational goals. Learn more about how grants, work-study, loans, and scholarships can help fund your education.

Eligible students can receive a Federal Pell Grant for as many as 12 terms (about six years). What is a Federal Pell Grant? The Federal Pell Grant is a form of financial aid provided by the...

Oct 28, 2024 · Pell Grants can help undergraduate students with significant financial need pay for college or other post-secondary education. Unlike student loans, they don't have to be repaid in most...

Jan 31, 2025 · A Pell Grant is a form of federal need-based student aid that does not need to be repaid. Pell Grant funds can be used to cover the cost of tuition, books, room and board, technology ...

Dec 27, 2024 · Pell Grants are federal educational grants (meaning they are free money that does not have to be repaid) that are meant to provide financial aid for students who display “exceptional” financial need. For the 2025-2026 school year, it can provide up to $7,395 per student per year that meets the qualifications.

Learn how to maintain eligibility for federal student aid, including academic progress and other requirements.

Learn how Pell Grants can help low- and middle-income students afford college. This guide covers eligibility, application processes, and recent changes that make more students eligible for this essential federal aid. Discover how Pell Grants reduce student debt and expand access to higher education.

Let's get into the nitty-gritty of what sets Pell Grants and student loans apart. ‍ Primary Difference: Pell Grants are free money, while student loans require repayment. Pell Grants are like gifts that don't need to be paid back, while student loans are borrowed funds with a payback requirement. ‍ Eligibility Criteria: ‍