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Want free money for school? You might be eligible for a Pell Grant from the federal government. Here are some frequently asked questions about Pell Grants to help give you the information
you need to maximize your financial aid opportunities.
A Pell Grant is a form of federal financial aid that is considered “gift aid,” which means you can use the money but not have to pay it back like a loan. Federal Pell Grants can reduce the cost of going to school and are typically awarded
based on financial need.
Determining Pell Grant eligibility is a straightforward process. According to the federal government, Pell Grants are usually awarded to undergraduate students who are part of programs leading to undergraduate degrees or certificates. So if you’ve
already received a bachelor’s degree, graduate degree or professional degree from a university, you are likely not eligible for a Pell Grant.
The federal government states that Pell Grants are awarded only to students who display exceptional financial need. If you or your parents exceed a certain level of income, you may not be eligible.
Pell Grants are awarded each year, and the maximum amount changes every year. For the 2021-22 award year, the maximum Pell Grant amount is $6,495.
The amount of Pell Grant funds a student may receive is limited to six academic years of funding.
To apply for a Pell Grant, a student must fill out the Free Application for Federal Student Aid (FAFSA) form. The form takes about an hour to complete. The student and parents (if the student is a dependent)
will be asked to provide their Social Security numbers, as well as income-based questions to determine their level of financial need. The form can be filled out on paper, online or within the FAFSA mobile app. Learn more about creating a FAFSA
Each year that a student wants to apply for a Pell Grant, a new FAFSA form must be filled out. The FAFSA year starts on July 1 and goes through June 30 of the following year.
Pell Grant funds can be used to cover tuition and fees, books, supplies, transportation, miscellaneous personal expenses, living expenses,
and childcare costs for students with dependents.
Pell Grant money is sent to the school a student is attending. The school then applies that money toward tuition and fees. Any remaining money is distributed
to the student.
It depends. While more than 6,600 institutions participate in the federal financial aid program, some universities and trade schools do not. You can search the Federal School Code List to find
participating schools, including Universal Technical Institute (UTI).
The U.S. Department of Education, a department of the federal government, provides Pell Grant money.
If a student uses a Pell Grant and follows its guidelines, there is no need to pay it back. There are some situations when a student may need to repay all or part of a Pell Grant.
If you need to repay part or all of the Pell Grant, your school will notify you.
If you need any assistance while completing the FAFSA, we’re here to help. You can schedule an appointment with one of our Financial Aid Support Specialists by clicking below or by calling toll-free at (844)-338-0032.
1) UTI is an educational institution and cannot guarantee employment or salary.
2) For program outcome information and other disclosures, visit www.uti.edu/disclosures.
10) Financial aid, scholarships and grants are available to those who qualify. Awards vary due to specific conditions, criteria and state.
Universal Technical Institute of Illinois, Inc. is approved by the Division of Private Business and Vocational Schools of the Illinois Board of Higher Education.
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