I'm wondering about the amount of the Pell Grant for the year 2024. I need to know how much financial aid I can expect to receive from this program.
6 answers
Stardust
Sat Oct 12 2024
Each year, the federal government updates the maximum Federal Pell Grant award amount. This amount is based on a variety of factors, including inflation and changes in the cost of education.
EnchantedSeeker
Sat Oct 12 2024
The Federal Pell Grant is a financial aid program offered by the United States government to assist students in pursuing higher education. The amount of money a student can receive from this grant varies depending on several factors.
AltcoinExplorer
Sat Oct 12 2024
One of the key determinants of the Pell Grant award is the cost of attendance at the student's chosen institution. The higher the cost of tuition and other expenses, the more likely it is that a student will qualify for a larger Pell Grant award.
GyeongjuGrace
Sat Oct 12 2024
Another important factor is the student's financial need. The Pell Grant is designed to provide assistance to those who demonstrate the greatest financial need, taking into account factors such as family income and assets.
Enrico
Fri Oct 11 2024
For the 2024–25 award year, the maximum Pell Grant award is set at $7,395. This amount can vary depending on the student's individual circumstances, but it represents the maximum amount of money a student can receive from the Pell Grant program during that academic year.