Efc 0? and a 10,000 cost of attendance.?

Question

When someone says you qualify for the full amount pell grant does this mean thats what you will get.

Answer 1

A full Pell Grant for the 08-09 academic year is $4731 (half in the fall and half in the spring).  This is based on full-time enrollment.  You will also be eligible for a federal Stafford Student Loan.  The amounts and type (subsidized or unsubsidized) depends on your dependency status.  You may also be eligible for additional grants.  Check with your school to see what other sources of finacial aid you qualify for.