Without college grants, many single moms would be unable to afford the college education they require to obtain a decent job in today’s work climate. Being a single mother is tough enough–finding the financial aid and assistance you need to go back to school shouldn’t be. That’s why we decided to write a more informative post on how to apply for a school grant.
There are currently two grants which our federal government provides to students. They are the FSEOG (the Federal Supplemental Educational Opportunity Grants) and, of course, Pell Grants.
Pell Grant Eligibility
Like most things in life, you have to qualify for it–and/or meet the minimal requirements in order to receive this grant. The minimal requirements as of the 2012-13 school year are you must have a high school diploma, and you must fall below a certain financial income threshold ($19,000 annual income) The amount that the federal government will give you depends on many factors and variables as Federal Student Aid calculates an applicants financial status using the Expected Family Contribution algorithm. Our latest check revealed that the maximum Pell grant allowance is around $5,500 for the year.
The first thing you want to do when determining your eligibility, is search around our websites for the various types of grants which may be available to you. (Don’t forget that each state has their own specific grants in addition to the federal grants). Once you have an idea of which grants and scholarships you qualify for, you can fill out the FAFSA online, or if you prefer, you can walk in to your financial aid department at your college and ask to speak with a financial aid counselor. Speaking with a counselor after you have researched all of the potential grants you qualify for is the best bet, because your counselor could potentially point out additional state or county specific grants or scholarships which we have missed.
The deadline to file your FAFSA has to be filed before June 30 of the current year. If you want financial aid for the current year plus the first part of the following year, then you must meet this deadline.
The deadline is fast approaching, so be sure you get your application in as soon as possible. Again, you can speak with your college financial aid counselor about helping you fill out the form (they don’t charge) or you can fill out the FAFSA here.
Good luck in your educational endeavors!