Introduction to Pell Grant
The Pell Grant Calculator has been a reliable friend for those who want to check their expected benefit for their study. But before getting into the calculator, you should know something first about the Pell Grant program. Pell Grant is an assistance provided to those who want to study in college. It is established in 1996 through the Higher Education Act of 1965 which was implemented by then President Lyndon B. Johnson. This Pell Grant program gives financial assistance to those post-baccalaureate and undergraduate students in college who are of low income and cannot support their educational needs.
Applying for Pell Grant
If you want to continue to college but you do not have the financial resources to support your study, then this Pell Grant Calculator might help you. To be able to be eligible for the Pell Grant program, you should first completely fill up the FAFSA or the Free Application for Student Aid. You EFC or Expected Family Contribution score will be then assessed and computed based on the data that you have given in your FAFSA form. The Pell Grant is designed to cater the needs of those who are financially-needy students so having a lower EFC will make your chances higher to be qualified for the program. You must also intend to a school which is a participating institution for the Pell Grant program.
Using the Pell Grant Calculator
Your qualification for the Pell Grant will be greatly influenced by your EFC score. Through the Pell Grant Calculator, you can already determine your estimated benefit of the said program. The calculator is available in the internet and is easy to access to everyone. It is also very easy to use the calculator. You just have to enter some values and the program will do the calculation for you. First, you need to enter your EFC score. Next, you will also need to encode your school’s cost of attendance (CoA) for one year. You will also need to determine your desired enrollment status (full-time, three-quarters, half-time, or less than half).
Pursue College With Pell Grant
The Pell Grant has been very beneficial to those who want to continue their college education. It served as their ticket to pursuing a degree where they can fulfill their dreams. By having the Pell Grant Calculator, you can now estimate your expected Pell Grant aid and avail your college education.