The only situations in which you would need to repay the grant is if: 1) you withdraw from school early 2) outside scholarships or grants cover your costs or 3) your enrollment status changes and reduces your eligibility for the grant.
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Since this is a grant, not a loan, it’s free money for those who are eligible. Have earned a high school diploma or a GED or have completed a high school education in an approved home-school setting.Be enrolled (or accepted for enrollment) as a regular student in an eligible degree or certificate program.Be an undergraduate student who has not earned a bachelor’s degree.To be eligible for a Pell Grant, you must: The EFC is then compared to the expected cost of attending your college (tuition and fees, room and board, books, and supplies) to determine the amount of financial aid you would be eligible for. Department of Education determines financial need by taking the information you supply on your FAFSA (for example, your family income) and plugging it into a standard formula to produce a number called the Expected Family Contribution (EFC). As stated above, you are not eligible to receive a Federal Pell Grant if you are incarcerated in a federal or state penal institution or are subject to an involuntary civil commitment upon completion of a period of incarceration for a forcible or nonforcible sexual offense. In some cases, however, a student enrolled in a postbaccalaureate teacher certification program might receive a Federal Pell Grant.
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How it worksįederal Pell Grants are usually awarded only to undergraduate students who display exceptional financial need and have not earned a bachelor’s or a professional degree. Read more on how the Pell Grant works for students. Students must be seeking an undergraduate degree and not incarcerated for a forcible or non-forcible sexual offense. Free scholarship tools, like, , or Sallie Mae’s Scholarship Searchįortunately, Pell Grant eligibility requirements are fairly simple: you are eligible for a Pell Grant if you have financial need.Organizations (such as professional associations) related to your field of interest.Local nonprofits that focus on providing access to college.The financial aid office at a college or career school.Here are a few additional resources to help you find scholarship opportunities: The key to a great scholarship search is to start applying as soon as possible. You can contact your state’s Department of Higher Education, or Office of Veteran’s Affairs, to learn about scholarship programs.Īpplying for scholarships can be a numbers game, so the more scholarships you apply to in your senior year, the better your chances of actually winning. Most states offer state-sponsored scholarships for students with active-duty, retired, or deceased military parents. Scholarships for high school seniors with military parents.If you’ve scored highly on your SATs or ACTs, there are scholarships that award students based on their scores.
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You can ask your school counselor for help on how to find them and to see if you qualify to apply. Often times, there may be local scholarship opportunities in your community. These are some examples of categories of scholarships for high school seniors (source: Sallie Mae):
Types of scholarships for high school seniors
Your interest or hobby could also be a way to get financial support for college. There are scholarships for high school students based on ethnic background, field of study, and even extracurricular activities. Not every scholarship for high school seniors is based on academic performance or financial need. Fortunately, there are also plenty of scholarships for senior high school students to apply to. As a high school senior, the pressure is on to find scholarships for college. Scholarships are an excellent way to supplement the cost of tuition, room and board, books and other student expenses, especially since they don’t ever have to be paid back. However, for many students, college is going to be expensive, and if you didn’t land a full-tuition scholarship or your financial aid doesn’t foot the entire bill, securing a scholarship in your senior year could make the difference between going to college or not. Taking SATs and ACTs, scheduling your college tours, college admissions, writing essays, and completinging financial aid applications can certainly be time-consuming. For college-bound students, senior year of high school is a busy time.
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