The Pell Grant Application is Worth Your Consideration

If you intend to complete a Pell Grant application you need to be aware that this is a need-based federal financial aid program. They are available for students entering, or enrolled in, college and university. They are available for as much as $3,000. The great thing is the fact they do not need to be repaid.

Although it is sometimes difficult to receive the grant, it is worth the try. You need to first determine if you are eligible before completing the Pell Grant application. If you meet the criteria and you are enrolled in higher education, not yet receiving your Bachelor's degree then you need to continue.

You need to know that the Pell Grant application deadline is in the spring of the year for which you are seeking the grant. The money is offered on a first-come basis. So, even if you meet every criteria, if you do not apply before the deadline date you will not be considered for that year.

When you begin to work on the Pell Grant application you will need a number of financial documents. These will include your tax returns (along with the W2's) from the previous year. If you are the dependent of your parents then their documents will need to be given. You will also need a copy of your driver's license and your recent bank statements. You can pick up the application from the financial aid office where you attend, or plan to attend school, or from your counselor's office.

Once you have your Pell Grant application you will need to review and understand the Student Aid Report, also known as the SAR. The SAR will explain the details and let you know if you are eligible for the grant or not. If you are then you can also determine the amount of grant money you might receive. You can easily follow the directions in the SAR to successfully complete the application.