DATELINE: TAUNTON, MAa
Bristol County Savings Bank has once again been approved to participate in the Federal Home Loan Bank of Boston Equity Builder Grant Program.
What does this mean for potential first time homebuyers? Income-eligible buyers interested in purchasing a home in Bristol County, or in Franklin, Wrentham, or Plainville, MA, or in Pawtucket, Rhode Island, can apply for a grant of up to ,000 to help with down payment and closing costs.
Applications for grant requests are now being accepted and will be available on a first-come, first-served basis. Bristol County Savings has been awarded a total of 0,000 to help expand homeownership opportunities for households with incomes less than 80 percent of the area median income.
Further details may be obtained by contacting the Bristol County Savings Residential Mortgage Department at (508) 828-5329, or a Mortgage Consultant at any of Bristol County Savings Bank's Loan Centers, which are located in Taunton, Attleboro, Franklin, Dartmouth, or Fall River, MA, and in Pawtucket, RI.
About the Equity Builder Program
Frequently Asked Questions
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QUESTION:
Is the Pell grant eligibility determined by GPA while in university?
I had a 3.0 GPA last quarter in college. This quarter, it dropped to about 2.1. Are the award amounts for most federal grants, especially the Pell grant, determined by these changes? Will I receive less (or lose eligibility) because of the GPA drop? Thanks very much.-
ANSWER:
Your grant won't change based on your grades as long as you meat the minimum requirements for GPA, and number of hours completed. Most schools that is a 2.0 for the semester, and 2.0 for the overall GPA. You would get a letter from the Financial Aid office if your GPA was too low, and in some cases you could be put on academic probation. Your schools office (or the catalogue should) give you that information very easily.And to Anonymous, You get financial aid based on NEED. Not being Poor. There is a difference.
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QUESTION:
What is the Pell Grant eligibility requirements?
What is the general requirements to be eligible for Pell Grant? For a scholarship, it says I have to be eligible for it, and I know I can check eligibility through fafsa.gov, but the fafsa for this year starts in January and the scholarship deadline is also in January. I just don't want to be rushed. Thanks!-
ANSWER:
Always better to apply ASAP, you don't have to take the money even if you are awarded. students of greater need who apply later will always be 2nd to students of lesser need who apply earlier. below is a link to the list of 2011/12 pell grant requirements and a boring video that is worth watching just the same.
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QUESTION:
Will opening an IRA affect my pell grant eligibility?
I have been considering opening an IRA for a long time, but haven't had the money. I have finally saved up the 00 to do so, but I'm worried that if opened it will somehow count against my pell eligibility. Is that the case, or am I worried for nothing?-
ANSWER:
Well you will have to claim that extra money on the fafsa when you apply in the spring, but 1000 shouldnt effect it too much- your expected family contribution may go up a little, but I dont think too much if any so go for it- open the ira.
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QUESTION:
Does owning a business affect Pell Grant eligibility?
I've been going to College now for a few years (with the help of the Pell Grant) and am thinking of applying for a business license. I realizes if i make enough money with my business that I will lose eligibility. And I'm fine with that. What I'm not sure of is what happens while my business is young or if it does not make me any money. Does simply having a business license count negatively toward getting financial aid?-
ANSWER:
Grant eligibility is all income based - the more you make the less grants you get.If your business increases your adjusted gross income on your tax return then you'll get less if any grant money.
If it does not increase it, your grant money should stay roughly the same.
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QUESTION:
Will Marriage void my pell grant eligibility?
I'm 20 years old and I'm engaged to be married in October. My fiance` and I have a seven month old boy. When we get married will I lose the pell grant? Are there any loans or grants for young married couples that have children?-
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QUESTION:
Pell grants eligibility?
i am thinking of joining a state college for a nursing program, but before i do that, i have to complete some prerequisites in some community college. if i apply for a fafsa, can i get a pell grant for the community college and will i still get it when i get to go the state college? and if i am working one full time job, /hour and i am single and i dont depend on parents, can i still qualify for the grant. informative answers will be highly appreciated!-
ANSWER:
Well, are you over the age of 24? if not, you'll still need your parents information despite if you profide for yourself or not.But, yes, you can get pell at two schools, just not at the same time.
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QUESTION:
Federal Pell Grant Eligibility Requirements - Please Explain (simply) The Pell Grant Eligibility Requirements?
I'm looking to go back to school and have a Pell grant application for financial aid. It's pretty ambiguous and I can fill it out a number of different ways. At the same time I can't help but think the form is really designed to dis-qualify me and I would like to know the Federal Pell Grant Eligibility Requirements in plain English.-
ANSWER:
Pell Grants are tough to qualify for. You need to find everything you can get away with to adjust your income. You will most likely be rejected otherwise. There are however plenty of people making K plus that manage to qualify for the Pell eligibility requirements. I would apply for FSEOG & Pell & ACG. There are also many others depending on what you are looking to study, but these ones can apply to nearly anyone. Find someone who specializes in finding, assisting, and qualifying you for all types of financial aid. I recommend fullsails.org
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QUESTION:
I am looking for the current income guidelines on Pell Grant eligibility.?
I work for a small non-profit and have job opportunities to enhance my income, however,I have a son starting college shortly and i need to determine what the guidlines are to maximize his financial aid.-
ANSWER:
The guide to federal student aid for 2006-07 says that in order for a student to be eligible for a pell grant they must have an Expected Family Contribution (EFC) of ,850 or less. The EFC is determined through family income, assests, size etc. but you can figure all of that out at www.fafsa.ed.gov. Good Luck!
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QUESTION:
Do federal student loans and Pell Grant affect my eligibility for food stamps in GA?
I get a subsidized direct loan and full Pell Grant, and wondered if this would affect my eligibility.Also, as a secondary question, would an AmeriCorps stipend count as income? And would the 25 hours per week working with the program for that stipend count towards the 20 hour-weekly minimum work hours for full-time students?
Thanks!
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ANSWER:
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QUESTION:
Pell grant eligibility question.........................?
Hello. I was just reviewing my financial aid info and noticed on the fafsa website it says my lifetime eligibility is at 100% for my pell grant. My fin. advisor at school told me the grants would be available to me (provided I qualify) for my entire school program. this semester will mark the end of the first year, I still have 3 more to go.... which one is right? The fafsa website or my advisor?-
ANSWER:
The website may be referring to one year which they consider lifetime so far. Your advisor is correct. Federal rules prohibit you from getting Pell for more than 150% of the time it takes you to get your degree. For example, if it takes normally four years for your desired degree to be completed, you could not get Pell more than six years. For four years, if you qualify, you should be fine.
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QUESTION:
Pell grant eligibility?
Is a student's pell grant eligibility affected by whether or not he was claimed as a dependent on income taxes?-
ANSWER:
Pell grant eligibility is not based on the student (and sometimes) the parent's income and assets. Being claimed as a dependent on someones tax forms has absolutely NOTHING to do with the fafsa and is not related at all. The Pell grant is "Need Based" meaning the less money you and the family has, the more likely you are to get it.Many folks get the Department of Education's financial aid terms: "Dependent" and "Independent" mixed up with the IRS tax term "Dependent" because they sound similar but they have totally different meanings. But one must understand they are NOT related to one another.
Many assume they are mutually exclusive..but they are not. For example: Not being claimed on someone tax forms (not listed as a "Dependent" on the folks income tax return) does NOT automatically make someone "Independent" for financial aid purposes. It's like comparing apples and oranges!!
Good luck hope this helped.
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QUESTION:
I am single and a pell grant recipient. If I get married, will my pell grant eligibility be affected?-
ANSWER:
Absolutely, but not until next (?) year. You file the FAFSA in February using the previous year's information, so your eligibility will change when you receive those returns.
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QUESTION:
pell grant eligibility?
last year i did not receive pell grant because my parents made too much i still live with them but i am 19 and i receive social security for my disability, because i cannot work with my permanent disability and i was wondering if the fact that i collect disability now, how would it effect my fasfa and eligibility?-
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QUESTION:
How do they determine eligibility for the pell grant?
I want to know for the next school year, I got a small amount of grant money for this year (along with financial aid loans) but I dont think it was the pell grant. If it was can you get it every year or it is a one time thing? Is it based on income, is it the less money you earned, the more grant money you are eligible for?-
ANSWER:
Federal Grant funds aka Pell Grant is determined based on financial need and can increase/decrease from previous distributions based on income found in your tax filings. The less more you/yourparents earn, the greater the chances that you will receive more grant money for the following school year. I found that http://www.PellGrantOnline.com was a very helpful site.
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QUESTION:
Pell Grant Eligibility?
I've been offered Pell Grants for the summer semester as well as this fall and next spring. That's great. But why haven't I ever been offered them before? My family's financial situation hasn't changed, I've always lived at home and not on campus, and I'm an only child so siblings aren't in the picture. Nothing on my end has changed.If I'm getting Pell Grants now, then why not before? I've piled up 15 K in loans the past few years so to get Pell Grants now is a little puzzling and a little frustrating, given that those loans will be a huge burden into my early 30's.
I'm 23 soon to be 24.I don't claim myself as a dependent.
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ANSWER:
upstate:Your Pell Grant eligibility is determined by one thing, and one thing only: your Expected Family Contribution score.
Any aid applicant whose EFC score is 4041 or less automatically qualifies for the need-based forms of financial aid, and of those need-based aid programs, the only one that is guaranteed is the Pell Grant. In government-speak, it's called a quasi-entitlement program.
It is possible that you have qualified for the grant this year for the first time, even if your family's circumstances haven't changed all that much. The government tinkers with the EFC formula every year as the Cost of Living increases, recognizing the fact that an income that could have reasonably supported a family just a few years ago may no longer provide the same standard of living.
Because the Pell Grant is practically "automatic", it's unlikely that your school would have neglected to notice your eligibility in the past. It's far more likely that you have only just begun to qualify this year. Pull out the Student Aid Report (SAR) that you received from the Department of Education this year, and take a look at the EFC score that was calculated for you. If you have your older SARs from past years, pull those out, too. I'm guessing that this year's EFC has fallen to 4041 or below for the first time.
If you have older SARs with EFC scores at 4041 or below, you'll need to address your question to the financial aid office at your school.
Good luck!
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QUESTION:
Pell Grant eligibility?
I am a 32 year old U.S.- born citizen. I got my high school diploma 13 years ago. 5 years ago I graduated from my local community college and now I doing some research to qualify for a Pell grant because I have been accepted to go to major university . I registered for selective service at around the same time that I graduated from High School but I was NEVER, EVER selected. I still have my selective service registration card since that time. I have been laid off from work for well over 9 months now. And I have been unable to find a job and live with a few relatives. What are my chances of receiving a pell grant, regarding this issue of Selective Service & pell grants?-
ANSWER:
The Federal Pell Grant Program provides need-based grants to low-income undergraduate and CERTAIN post baccalaureate students to promote access to post secondary education.consult with a financial counselor at the University you will be attending to see if you meet the certain post baccalaureate requirement
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QUESTION:
Is the Pell grant eligibility on the CUMULATIVE GPA or for the LAST SEMESTER? Please some advice?
I started school in the fall semester, but ended up going to a school i hadn't expected to and my fafsa did not include this school code. Spring semester is starting 2 weeks from now and I just changed the school code, but I am worried because my mother got cancer during my first semester and I had to take her to chemo and radiation every day so I got poor grades, 2 C's and one D. My schools pell grant eligibility standards say a 2.0 gpa must be sustained.
One other factor I have is that I had took 2 college courses at different college and just recently sent the transcript to my new college. In both classes I received A's.Will i be eligible?
Thank you for any helpIf anyone knows and can help me with this situation please I would be very grateful. I really need pell grant this year to continue school.
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ANSWER:
If your academic performance is poor, your school may place you on academic suspension. If that happens, you would not be eligible for financial aid. However, your school should have some kind of way to appeal an academic suspension, especially if you have circumstances like a family illness. Once the appeal is granted, your financial aid can be reinstated and applied to your account. Get in touch with your school's financial aid office as soon as you can to find out what you need to do to keep your financial aid.
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QUESTION:
How much money a year would I have to make in order to start losing eligibility for a pell grant?-
ANSWER:
when you fill out your fafsa, if you EFC is higher than 4617, then you will not be qualified for a pell grantyou must make less than ,000 a year to get pell grant
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QUESTION:
If I take clep credits will it effect my eligibility for a pell grant? Thanks in advance.?
Again, thank you in advance. I am wondering if I can still get a pell grant/financial aid if I also earn credits through clep testing.-
ANSWER:
I'm not quite sure what you're asking, but I'll take a shot at it.If you are taking CLEP exams while you are simultaneously enrolled in high school, you will not be eligible to apply for any form of Federal Student Aid, including the Pell Grant.
Students are not eligible to complete the FAFSA and/or receive Federal Student Aid until they have graduated from high school, received a diploma-equivalent (GED or home schooling), or left high school and begun college after passing a special test known as an "Ability to Benefit" exam.
Also, you must be fully admitted into an eligible program at an eligible institution in order to receive FSA.
On the other hand - if you simply mean "If I have college credits earned through CLEP, does that somehow make me ineligible to receive a Pell Grant while I'm attending college?", then the answer, is "No, not at all."
If you're still confused, drop me an email with more details, and I'll try to walk you through it. Good luck!
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QUESTION:
Federal Pell Grant - Eligibility?
If a person drops out of college for a year, are they eligible to receive the Federal Pell Grant if they resume? My brother, due to financial reasons, dropped out of college. He was still in the red for the next two years, but would like to go back. Unfortunately, he wouldn't be able to afford it without some type of aid.Would he still be eligible for the Pell Grant?
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QUESTION:
Pell Grant Eligibility....how?
So I finished the FAFSA and it was processed already, but it says I'm not Pell Grant Eligible. Most scholarships look at that, and so...that's kind of well...it sucks.My dad still hasn't filed for income tax yet, so I'll correct it later. But how do you become Pell Grant Eligible - just asking.
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ANSWER:
Your family had to be very poor to be eligible for the Pell grant. Make sure you go back and correct your info on the fafsa when he does his 08 taxes and perhaps your results will be different.You really can't do anything to make yourself Pell eligible, either you are or you are not. Be sure you apply again next year and know that you WILL be eligible for federal student loans.... no matter what your and your family income.
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QUESTION:
Pell Grant eligibility when transfering to another program?
I been in this major for 3 pell payments. Now I wish to transfer to another school/different major program for 4 years instead of 2.....Will I lose my pell grant if I transfer out of the school since the pell grant was only awarded for the 2 year program.
I will start all over again so thats why I am wondering if I will lose this grant...most credits won't transfer.
Yes, however I am wondering if my pell grant wont' run out since it was originally for a 2 year program. Now I will be entering a 4 year program in a different school.
Satisfactory Academic Progress-
ANSWER:
The Pell grant is a federal grant so it will transfer with you to any college or university that is eligible to receive federal funds. You can take it with you. Go to http://fafsa.ed.gov website and click on the text that says "Add a school code" this will allow you to transfer your Pell from your old school to the new one.EDIT:
Satsifactory progress is based on the program you are currently in. So no, it won't run out if you are in a 4 year program as long as you haven't attempted (from all your schools) more than 150% of the hours required to earn that degree. Four year degree is usually maxed out at 180 hours or so.So you prob won't have too many hours now... but MIGHT towards the end of your 4 year program, depending on how long you've been going to college and if you've dropped any classes.
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QUESTION:
Pell Grant Eligibility, for EMT/Paramedic?
Am I eligible to receive a Pell Grant if I am going to be taking courses at a local hospital for a career in the EMT-B and eventually would like to end up a full blown Paramedic. I will be 25 in June, I have no source of income,I live in low income subsidized government housing and I lost my job and I want to get into a career that is both rewarding to myself as well as helping others, with out having to go through 4+ years of college. If I'm not could any fellow Paramedics and EMT's point me in the right direction of Financial Aid... The application form for the courses say they accept ● GM TAP ● Work First ● Agency Tuition AssistanceAll of which I looked online and didn't see anything. I also don't really know what I'm looking for so really any help would be greatly appreciated! Thanks so much in advance!
I will be taking the courses through the local Hospital, not a school. It's the only thing available in my area. I don't have a car, so I have to stay close.-
ANSWER:
This is off the top of my head but I would think in order to qualify for a PELL you need to be going to an accredited college full time. So unless the classes are certified through a college but you physically take it at the hospital and you're taking certain amount of college credit then no.I would think you could go and get your associate's degree at a community college and get it paid for by the state and get your EMT certification at the same time and then it would be paid for. You can also get paper work that would say you have not gotten any financial support from your family for a year or so and therefore their finances would not count. My mom had the bank writing they would not offer her any kind of loan for my schooling and therefore her income didn't count in a financial aid statement.
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QUESTION:
I need more insight on exactly what Pell Lifetime Eligibility Used means!?
I am currently at 199.985% and needed to know is this a good or bad thing. Tuition at my school is going up but I am currently recieving less Federal Pell Grants then other previous years, Can somebody please assist me?-
ANSWER:
Basicaly, since the 08 09 fiscal year, the law makers have set a limit on pell grant life time eligibility. Essentially, students who are receiving the pell grant for the first time from that year till now are restricted on how much pell grant they can get.It used to be that students assuming they never a bach degree can receive the pell grant for life with no limits. Now, you can only receive 700% of it in a life time. Once you hit that 700%, you are ineligible FOREVER.
That is a good thing because some students stay at certain technical schools and do nothing but receive the pell grant and use it as disposable income. Which means, they make their living off the pell grant, instead of getting jobs. The new limits now make people either finish faster and will save tax payer money in the long since some people go to school only for the refund checks.
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QUESTION:
When determining food stamp eligibility is the federal pell grant money counted as income?-
ANSWER:
It depends on your state. Some do specifically ask for scholarships and grant amounts on the application.
Others will disqualify you just for being a full-time student.
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QUESTION:
what is the eligibility to recieve pell grant?
in united states-
ANSWER:
To be eligible for a Pell grant you need to meet the following criteria:Demonstrate financial need by submitting the FAFSA
Be a U.S.citizen, U.S national or eligible non-citizen;
Have a valid Social Security Number;
Have a high school diploma or General Education Development (GED) certificate OR demonstrate “ability to benefit” by passing an approved test;
Meet satisfactory academic progress;
Be enrolled in an eligible post-secondary school;
Be working toward a first undergraduate degree or teaching credential;
Certify that the funds will be used only for educational purposes; and
Be registered with the Selective Service if you are a male between the ages of 18 and 25.You are most likely to receive a Pell Grant if your family's income is less then ,000.
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QUESTION:
Is the maximum eligibility amount for a pell grant the amount I'll get?
I'm going back to school and just filled my FAFSA out for the first time.It says my maximum eligibility for a federal pell grant is a little over 00. Does this mean I would receive the full amount, or do pell grants cover tuition and fees only, with loans for the estimated living expenses?
I don't think I was being clear. I'm not asking what my maximum would be, I'm asking if the pell grant is only applicable to tuition and fees, or if there is leftover after that is paid, if I would get that as well.I also already know how the EFC works. My EFC is 0.
Thanks, though.
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ANSWER:
With an EFC of over 5000 you will not qualify for any Pell grant. To get the max Pell grant your EFC would of had to have been 0.What the Pell grant covers depends on how expensive your school is. If your tuition and fees are less than 5350 a year (the max Pell grant) then the extra can be used for other school related expenses... including living expenses.
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QUESTION:
Is it reasonable to cut funding for Pell Grants?
Sources say that the proposed budget from House Republicans will reduce the amount recipients receive by 15%. Other sources say that the eligibility would change, making thousands of low-income students ineligible to receive the award at all and thus not able to afford continuing their education. Though we are in a massive debt, is this reasonable?-
ANSWER:
Pell Grants are a tiny portion of the budget. (Just like NPR). It's is bizarre at the republicons are wasting time on such trivial things when they can make a bigger impact on the budget by eliminating the tax cuts for the rich and by cutting the Pentagon budget and by not giving no bid contracts to their buddies. They should also insist on corporations bringing jobs back to this country.We need to be ahead of technology. We need educated populace if we are going to be ahead of the game. The cons want a stupid electorate who won't know what kind of crap they are up to, so they are trying to make it impossible for most people to go to college. They are trying to destroy the American dream.
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QUESTION:
Question about eligibility for Pell grant / FAFSA...?
my situation is as follows..i am a mother of one and do not work. therefore i have absolutely no income. i am not legally married to my boyfriend(also the father of my daughter.) Although we do live together and that is how i am able to live. i am 29 years old. so i would be considered an independant.
For application purposes i can not put down his 2007 income. also i have none. please tell me what do i have to say inorder to get the pell grant. i really want to go to school and since its a bit pricey i can afford to go only if i get this aid.
also what is the most $$$ u can say that u make inorder to get the full amount.
thank you so much in advance.
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ANSWER:
Under Worksheet B on the FAFSA there is a question that asks how much money was paid on your behalf by someone else. Since your boyfriend pays all of your bills for you this is where you would put that income.
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QUESTION:
Once you have received your associates can you still receive a pell grant to earn a bachelor's?
I am interested in transferring to a 4 year college, but I need to know if there is a limit to the amount of credit hours you can earn before you loose eligibility? Also if you choose to graduate with an associates and then move on to receive your bachelors will that affect my eligibility for a pell grant?-
ANSWER:
yes, you can still receive a pell grant if you are going for your first bachelors degree even though you received your aa.
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QUESTION:
How do Federal Pell Grants Work? Am I Guaranteed a Grant?
When I filled out my FAFSA for the 2009-2010 school year, my EFC was 1,970. The letter said
" Based on your EFC of 01970, you appear to be eligible to receive a Federal Pell Grant of up to 00 for the 2009-2010 school year. "
I then Recieved a Scholarship of 2,500 from the school, does that change my eligibility for a PELL Grant? I also think I recieved an Oregon Opportunity Grant, Does Either of those change my eligibility? I am still Waiting on my letter, and was just wondering...If you QUALIFY for a Pell Grant are you Guaranteed to get one? My letter said up to 00? What are your experiences in a situation like this? Did you Qualify for a pell grant and not get one? Thanks!-
ANSWER:
Brittany:Your EFC score is nothing more than index of your financial aid need. Every aid applicant gets scored on the same EFC scale, allowing the financial aid system to compare your need directly with the need of any other aid applicant. Lower scores indicate more need, so if you have a score of 1970, and I have a score of 3819, then it's easy to see that you have more need than I do.
Let's get one thing straight before we continue - Expected Family Contribution was a really poor choice of names for this index score, and it has led to a lot of confusion - like the other answerer, who explained that "this is what you have to pay for school". That's just not true - it's not like you get to pay 70 to go to the school of your choice. That's not what the EFC score is at all.
Applicants with an EFC score of 4041 or less are said to have demonstrated "exceptional need". Your score of 1970 is obviously less than 4041, so you're one of those 1 out of every 3 applicants who qualify for special forms of financial aid that are known as need-based forms of assistance. The Pell Grant is one of those forms of aid. Only "exceptional need" students can receive a Pell Grant.
The Pell Grant is an unusual program, in that it's the only need-based aid program that is guaranteed to you. In government-speak, it's called a quasi-entitlement program - which means that if you qualify - you will receive it. The reason you were told that you can receive "up to 00", is because the exact award depends on your registration status - if you wanted that full award, you'd have to register as a full-time student (12 or more credit hours each semester.) If you register for fewer hours, you'll still get the Pell, but it will be a smaller award.
There are other types of need-based aid that you may qualify for - but for future reference, you'll want to complete your FAFSA every year before the "priority aid deadline" at your school. There are several forms of aid that are only available to each school in limited amounts, and those are the types of aid that are almost always completely distributed to the applicants who submitted their FAFSAs before the priority deadline. You'll want to watch for that on your school's calendar - it's usually somewhere between February and April.
The financial aid office at your school will take your EFC score and use it to determine all of the different forms of aid that they can make available to you. They'll tell you about that 'package' of assistance in an "aid offer letter" - which will include important instructions on what you'll need to do next. Read that carefully when it comes. The only restriction to your total aid package is that you can't get "more than you need". If your school adds all of your aid together and you're getting too much, they'll have to reduce some of the aid until you're getting no more than what you need. Otherwise, you can, and probably will receive several different types of aid.
Good luck!
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QUESTION:
Does a W grade hurt my eligibility for pell grant and other financial aid?
I am getting the W grade due to attendance, which sounds bad but I had problems in these classes and I didn't want to just flunk them and have to take them over anyways. I have a 3.9 avg otherwise, but this is my first year and a failing grade would definetely bring my avg down below eligibility. Please help.-
ANSWER:
Your Pell Grant should be just fine as long as:You meet the financial requirements.
You're in "good standing" as a student.
You have enough credit hours.
You're making the expected amount of progress toward your degree.
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QUESTION:
married income eligibility for full pell grant?
I am going to get married before the end of the year, and I know that I would have to list both mine and my husband's income for fafsa. We do not have any dependents and are both enrolled full time at school. Being married, we would both be considered independent for fafsa this coming year (2010-2011). What would our combined income need to be around to be almost guaranteed the maximum amount for pell grant?and also, is the income limit to be considered for the pell grant higher when you're married and independent with no dependents (since there are 2 people to take care of) vs. being single and independent with no dependents(since you would need less money to take care of yourself)?
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ANSWER:
As for getting married before the end of the year, yes you will be combining both incomes. If you are getting a good chunk of change in a grant, it may be best to wait until after you graduate to tie the knot.Income levels for the Pell are between ,000 and ,000 in order to get a good amount of help.
Fill out the FAFSA4caster to help determine how much you would be able to get.
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QUESTION:
When you start classes mid-academic year and receive a Pell Grant, when are you eligible for another Pell?
I started classes in March and recieved a partial-Pell Grant at that time. When will my eligibility for the next Pell Grant come into effect? Do pell grants work off of Academic-terms (i.e. cover classes during July 1- June 30, then renew) or are they covered by credit-hours? My award letter stated that for my grant I "needed to complete" 1-12 hours, and on July 9th I will have 12 credit hours completed... I think I'm just confused about the entire process. Any help would be appreciated as I've found getting my Financial dept on the phone takes an act of congress and a box of Scooby-Snacks
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ANSWER:
they go by the school year, say fall and spring, 2006/2007
then the year will start again, fall 2007/spring2008
if you wish to attend summer session, you apply separately for that
the hours do not really count, meaning you dont have to reach a certain amount before the next year, that is just telling you the minimum and maximum they will cover, for that year, you can find out alot of information, online, either at the Pell Grant site or the basic student financial aid site,
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QUESTION:
Pell Grant?
Hi
I just recently got a pell grant. I have some questions
1)Do I have to spend the entire amount, within a time period
2)Is there a time period for the pell grant
3)Right now I am in a communityc ollege, can i just leave it in my savings account and not use it untill I transfer to the 4 yr univ and use it to pay fees and tuition there.4)If i dont spend a good chunk of it, will it affect my Pell Grant eligibility for next year.
5)Will they ask for the money back if a good chunk is not spent.
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ANSWER:
1) no. pell grants are given per semester. the amount given to you for the Fall term lets say is to be spent in the Fall. however you do not have to spend all the funds. you are given a certain amount of money according to the amount of credits you are taking. if you go full time for both the Fall and Spring semesters for example you will probably not have anyfunds left for the summer if you decide to go. Just keep that in mind.2)the pell grant is given to you until you complete your bachelors or until you complete your program of study whether that be a vocational course, an associate's degree or a bachelor's I believe. if not, alot depends on your income and whether it or not it changes dramatically from one year to the next. if you got more money this year from your job then your pell grant will decrease.
3) yes. if after you pay for your classes you have any funds left over they will send them to you via postal mail in the form of a check, they can place them in a card or you can choose to have the funds transferred to the savings account. talk to your financial aid department in your school to inquire about how you can transfer your refunds. any money left is for you to keep and spend on whatever you want. this money need not be paid back.
4)no. but you should try to go at least half time which is usually six credits or two classes. but it will not affect your eligibility.
5) no. FAFSA need not be paid back ever. these are federal funds for low income students. whatever is unused is simply reallocated for you to use in future semesters such as in the summer term example i gave. FAFSA simply tells you "this is the maximum amount of money we are willing to pay for. " if you choose to use less thats fine.
If you have any further questions you may call FAFSA personally at
1 800 4 FED AID
or visit their website
www.fafsa.ed.gov
Hope this answers your questions!
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QUESTION:
I am just 0 to high to get my pell grant this year...but I'm studying abroad so it costs more!Can I appeal?
Last year I got a Pell Grant of ,600, and my household had two students in college. This year, my sister turned 24 so she is no longer listed, and my Expected Family Contribution is just 0 (not even that - about 0 actually) above the Pell Grant eligibility cut-off.However, I will be studying abroad this year, which makes everything even MORE expensive - there are application fees, mandatory insurance, etc. So is there any way I can appeal this, perhaps give them information on how much study abroad is costing, and stop 0 from costing me ,600?!?!
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ANSWER:
Your EFC is not determined by how expensive or inexpensive your school is. It doesn't matter that it will cost you more this year that's not what pell grant eligibility is based on.
Some schools have special study abroad scholarships or grants so you need to look into that instead.
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QUESTION:
What exactly is a pell grant?
So what is a pell grant and what are the eligibility criteria? I went on the website and was a bit confused with all the information online. Thanks!-
ANSWER:
The Federal Pell Grant is money that is given by the financial aid office of the college that the student is attending that the student does not need to pay back. A student qualifies for a Federal Pell Grant by completing the Free Application for Federal Student Aid at www.fafsa.ed.gov. If your Estimated Family Contribution (EFC) from the FAFSA is less than 00 then you qualify for a Federal Pell Grant. The amount of the grant is determined by the Financial Aid Office and is based on the number of credit hours you take each term and the cost of attendance at the school. You can read more information about the Federal Pell Grant at:
http://www.collegeboard.com/student/pay/scholarships-and-aid/36318.html.
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QUESTION:
pell grant income requirements, what counts?
I am 37, and getting ready to go back to school. I want to apply for a Pell grant. I am currently unemployed, collecting unemployment. I have two children, who live with their father but I pay child support to them. I live with my fiancee, who pays the majority of household bills.
Would his income have to be counted as part of mine towards eligibility for a pell grant?-
ANSWER:
No, only your income counts. There's a link in the "sources" section outlining all of the requirements to file a FAFSA as an independent student.
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QUESTION:
is there a credit limit on a pell grant?
if i am trying to go back to school and i do not qualify for a junior college because i have too many credits, will i still be eligible to receive a pell grant (given i meet the eligibility requirements) and enrollment into a senior college? or is there a maximum allowable number of credits?-
ANSWER:
I have 76 credits and I was denied a grant because I went over the allowable credit hours.
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QUESTION:
Does 911 GI Bill (Chapter 33) affect eligibility for or amount of a Pell grant?
I am entitled to 100% 911 GI Bill benefits, and attend school 3/4 time. My 2010-2011 FAFSA gives me an EFC of 2787, which qualifies me for a Pell Grant of 00. (according the the Pell calculator)If my 911 GI Bill covers 100% of my tuition, am I still eligible for the Pell Grant? If so, I assume it is because the VA benefits are not considered when estimating the cost of attendance?
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ANSWER:
Robert:Students are eligible for financial aid so long as it does not exceed the full Cost of Attendance.
Since Cost of Attendance includes more than just tuition and fees (room and board, textbooks, school supplies, and a modest amount of spending money for things like gas to get back and forth from school and a computer), the fact that you have your tuition and fees covered does not make you ineligible for the additional aid that could go towards your other Cost of Attendance expenses.
You are eligible for that 00 Pell Grant - at least to the extent that the full 00 does not put you "over" your Cost of Attendance.
I hope that helps - good luck!
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QUESTION:
student loan/grant eligibility question?
I am going back to school to a private college and only eligible for the maximim student loans with no grants etc., because I am 'independent' status, and make too much money too qualify for pell grants etc.
I asked the student financial aid rep., what happens in the very likely event my company downsizes and I get layed off very soon, or get married and thus change things about my status.His answer was that everything is based on the previous years tax return. This seems nuts to me, because if someone loses their job, that has an immediate effect on income and shouldnt have anything to do with old tax returns.
Is what he's saying true or not? Can anyone explain this please?
i am aware you can defer payments. what im asking more is about how an immediate life changing event doesnt have any effect on financial aid? It would seem like you should be able to refile your fafsa material in that case. Im just finding it hard to believe you cant do anything until the next tax season - which still may show a high income if you got layed off late in the year.-
ANSWER:
I've had FAFSA and student loans while I was in college. They have to use last yrs. information bacause they don't have more current records that. If you didn't qualify for grants, like the Pell Grant, then it's because you made too much money last year.At least you're lucky enough to qualify for maximum student loans. I suggest you pay your first year of school with the student loans. If you're a full time student during your first year in college, I know you won't have the income you had the previous year when you couldn't qualify for the Grants.
Remember, they only go back to the previous year for your income and after your first year of school, you'll have much less income when you file again. You can file for FAFSA every year and each year is completely new so that won't even look at the year again where you made too much for Grants.
They'll use the year you were in school. This way should be able to qualify for Grants for your second year of school and you may not need anymore loans. If you need anymore details then check with the financial aid office at your school. They may even know the income level you need to be at to qualify for Grants. If not, you might try and contact the U. S. Department of Education since they are in charge of FAFSA.
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QUESTION:
what if i have bachelor degree and plan on going back to school with a fafsa of 693?
I am planning on going back to school so a applied for fafsa and i have a efc score of 693 but i have a bachelors degree from another country, how will this affect my eligibility for pell grant?-
ANSWER:
FAFSA is the free application for federal student aid.
The EFC is the expected family contribution, in US dollars.
Your eligibility for Pell is very good as far as income is concerned. If you are a US citizen, you are good to proceed. Apply to the school for financial aid.
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QUESTION:
How much income impacts financial aid?
In your experiences, where is the threshhold of income at which your financial aid was affected? That is, how much money did you have to earn before your eligibility for grants (Pell, etc) started disappearing? ,000? ,000?I'm a single, independent-status student, so obviously my threshhold would be lower than that someone who has children or dependants, but higher than that of someone who is a dependent student living with parents.
My annual cost of attendance is just over k. It's a state school.
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ANSWER:
That is a tough question to answer because it depends on your school. If you are a single independent student, then depending on what you earn, your EFC (Expected Family Contribution) may be higher then, say, a single independent student who has a child. The FAFSA (Free Application for Federal Student Aid) takes may factors into account when determining your EFC: your income, your household status (how many are in your household and of those how many attend college), any savings you may have, any government assistance you may receive, etc.Once your EFC is determined, it depends on what your Cost of Attendence is at your school. You indicated that the COA is just over k. Say, for example, your EFC is 3000. The k - k would give you k of "gross need". And in this example with the EFC being 3000, you would be eligible for a 60 Pell Grant award. That would bring your unmet need down to 60. And your unmet need would continue to go down with each type of award you may receive (whether it be grants, scholarships, or loans).
Each school is different with the funds it has. Federal funds are apportioned to each school eligible to recieve and award federal funds. Then schools have their own instutional grants, scholarships, and loans with different criteria for awarding.
So, it's not just a question of how much money you earn before grants start disappearing. You should go ahead and complete the FAFSA (www.fafsa.ed.gov) and then talk to your financial aid counselor about what you may be eligible for.
Good luck!
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QUESTION:
how do i apply for a pell grant from this point?
do i have to apply separately from the fafsa for the pell grant? also, i got a letter in the mail saying my fafsa was under suspension because i applied too late and cannot receive money from the MAP (monetary award program). is the pell grant included in that therefore i can't get a pell grant?if i'm still eligible for the pell grant, please let me know what to do to apply for it. this is what it says on the bottom of my SAR.
Based on the information we have on record for you, your EFC is 1804. You may be eligible to receive a Federal Pell Grant and other federal student aid. Your school will use your EFC to determine your financial aid eligibility for federal grants, loans, and work study, and possible funding from your state and school.
WHAT YOU MUST DO NOW (Use the checklist below to make sure that all of your
issues are resolved.)If you need to make corrections to your information, select the 'Make
Corrections' button at the bottom of the page. You must use your Federal
Student Aid PIN to access your record online. If you need additional help with
your SAR, contact your school's financial aid office or the Federal Student Aid
Information Center at 1-800-4-FED-AID (1-800-433-3243).
please no messages saying 'you should have applied early, apply early next year'i'm aware of this. and i regret not applying earlier. thanks
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ANSWER:
So is that the letter you got before your fafsa got suspended? Well if it got suspended you can't get Pell Grant. You need fafsa for that.The part where it says "if you need to make corrections" is always there. It doesn't mean that you did something wrong. It just gives you an opportunity to correct something you might've put in wrong.
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QUESTION:
Whats is the next step now that I have completed the financial aid application?
Based on the information we have on record for you, your EFC is 761 . You
may be eligible to receive a Federal Pell Grant and other federal student aid.
Your school will use your EFC to determine your financial aid eligibility for
federal grants, loans, and work study, and possible funding from your state and
school.So, what is the next step? Is the next step going to the college and seeing if I qualify there or, what?
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ANSWER:
Keep checking. It takes a few weeks to see what you receive. Look online, or keep calling, or whatever method your school says they'll be in contact with you. And don't be afraid to prod, sometimes asking them to verify something one day gets it completed right away.
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QUESTION:
Financial aid questions help me please?
Can someone explain why there is negative numbers on the estimations. What does it mean? Does the cost of attendance cover room and board?We have now received the results of your 2009-2010 Free Application for Federal Student Aid (FAFSA). Based on the information you provided, it appears that you may be eligible for the following financial aid. Please note that this is only a preliminary analysis of your financial aid eligibility and is not an official award letter.
Estimated Cost of Attendance (COA) at SJSU for 2009-2010:
[FAQ-QUESTION]
Expected Family Contribution (EFC) - as determined by the Federal Government:
(29)
Total Need (COA - EFC):
$-3729Estimated Federal Pell Grant Eligibility:
00
Estimated Federal Supplemental Educational Opportunity Grant:
[FAQ-QUESTION]
Estimated State University Grant or Cal Grant:
48
Remaining Eligibility (Total Need - Grants):
$-8377-thank you
mark---
ANSWER:
that's weird. there should be something listed for the Cost of Attendance...it's saying you don't need money, but that you're eligible for money - grants. so that's a good thing, you qualify for free money.
call the school (SJSU i'm guessing?), their financial aid office, and ask them to go over it with you. they'll let you know if there's an error on the FAFSA or that form you got. and how to fix it if there is a mistake.
good luck at school!
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QUESTION:
SMART Grant. Eligibility and GPA.?
I am a third year senior majoring in statistics. I qualify for the Pell Grant but I only have a 2.9 GPA. Is there a way to still get the SMART Grant even though I am .1 GPA points below the minimum? I was wondering if I could be put on probation and receive the grant as long as my grades improved. The reason I am at a 2.9 is because I am trying to graduate in three years and started college taking very difficult classes such as Calculus III. I was the only second year student to take the statistics capstone last year and finished with a B. I don't think its fair to award students who have 3.5 GPAs but took easy classes while I am challenging myself while maintaining a reasonable GPA. Any input would be appreciated. Thanks-
ANSWER:
Maybe you could add a 1 or 2 week fast track course in Tennis or bowling or Zumba or Yoga and raise your GPA up .1
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QUESTION:
If I drop a class now (Nov. 1st, 2010) will it effect my pell grant?
I have this unbelievably hard english teacher that I am almost to the point of hating, and I do not hate anyone! I have a full pell grant and I have 12 credit hours (full load). I am not doing well with this teacher so I would like to drop her and retake english next semester. So by dropping this class will it effect my grant that I have for the Spring semester and my future eligibility for a pell grant? Also I have a essay due tomorrow that I will not be turning in which will absolutely cause me to fail if not turned in! My plan is to not go to class and go to advising center for help. I just wanted other opinions first:)-
ANSWER:
If you are enrolled 12 hours, as long as you complete at least 8 hours and maintain a minimum of 2.0 cumulative GPA. You will be OK, but if you fail to do so, you will be put on financial aid probation next semester, and you must do well.
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QUESTION:
Does going to a JC lower the amount of money you get for a Pell Grant?
I'm currently attending a California JC and will transfer to the UC system. I know eligibility for the Pell Grant is based on your parents income, which, for me, is zero since both my parents are deceased. I really dislike seeking financial aid, but I desperately need every dollar I can get, especially since there are NO jobs right now. Will going to a JC lower the amount I'd receive if I receive anything? Thanks.
For clarification: I'm 19. I have no guardian, but I also have no parents as they've both died.-
ANSWER:
No, attending a Junior college does not lower the amount you receive in Pell grants. For example: If your EFC says you qualify for 4000 a year in a Pell grant, you would get this same amount at any college you attend as long as you attend full time.. this could be at a JC or a public university or even a private college.This is why junior colleges are so popular. A 4000 Pell grant will go a LONG way and may pay for everything and even give you money left over for transportation costs and books. But if you go to a private school this wouldn't even put a dent in your tuition costs.... leaving you with an outstanding bill you'd have to take out a student loan and your parents likely taking out a parent PLUS loan as well.
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QUESTION:
FAFSA eligibility, am I eligible? Help please!?
I just checked my SARS comments last night and this is what I got:---------------------------
Based on the information we have on record for you, your EFC is 0 . You
may be eligible to receive a Federal Pell Grant and other federal student aid.
Your school will use your EFC to determine your financial aid eligibility for
federal grants, loans, and work study, and possible funding from your state and
school.Your FAFSA has been selected for a review process called verification. Your
school has the authority to request copies of certain financial documents from
you (and your spouse).WHAT YOU MUST DO NOW (Use the checklist below to make sure that all of your
issues are resolved.)The United States Citizenship and Immigration Services (USCIS) of the
Department of Homeland Security did not have enough information to confirm that
you are a noncitizen (Item 14) in an immigration status associated with the
requirements of eligibility for the financial assistance for which you have
applied. You must contact the financial aid office at your school to find out
what information is needed. If you do not submit the required information
within 30 days, or longer if your school allows, you may not be eligible for
federal student aid.
----------------MY questions:
By the word ' may' does that mean I might OR might not get the aid? Or does that mean that I'm 100% eligible for the aid?
And my current status is ELIGIBLE NONCITIZEN but I wonder why they say that they don't got enough information with my citizenship status?
And what should I do now? Should I give my citizenship status information to the colleges that I'm going to or what?I'm still waiting for the other 3 colleges to reply ( I got rejected by Queens college so far and got accepted to John Jay of Criminal justice and City College of Technology).. should I only send in my info to the colleges that have accepted me? Or should I also send it to the colleges that I'm still waiting for their response?
Please help me I'm so confused
P.S: My brother got full aid. He doesn't pay for his college.-
ANSWER:
As long as you can prove you are an eligible non-citizen you will be fine. You prove this by turning in that documentation to the schools you are still considering attending. The school will give you guidance if you do not know what you need. Yes, you turn this in to all of the schools you are considering attending, all of them. The schools will prob want a copy of your parents and your tax returns as well.After they have confirmed your status and family income, you will get an "Award Letter" from each of the schools. Use your fin aid offers to determine which school is the best fit for you.
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