I'm not eligible for a Federal Pell Grant?

Question

Does that mean i don't get any kind of financial aid? When do you know for sure what you get and what you don't get after filling out the fafsa?

Answer 1

The EFC cutoff for a Pell Grant is somewhere around $4000, but don't worry, not qualifying doesn't mean you don't get financial aid. The Pell is great because it's money you don't have to pay back, but the schools you submitted your FAFSA results to will still put together aid packages (most likely federal loans and work study) for you. If the school meets 100% of need, you'll get a package covering all but your EFC. You can input your school's costs and your aid package here to calculate your "gap:"

http://www.tuitionbids.com/student-loan-...

For more information on financial aid, try

http://www.tuitionbids.com/student-loan-...

Good luck!

Answer 2

I don't get federal pell grants either.  It is a federal law that if you are accepted to a university they have to put together a federal package that will allow you to pay for college.  The university or college you are going to will put a package together, for your case, you won't get a pell grant but there are still other federal aids such as subsidized federal loans where the government pays the interest, university grants, and scholarships.  I don't know where you fall as far as aid goes but you will get enough to go to school, the only bummer is that you will have to repay most of it.  You should know between the months of May through July, your college will send you a package through the mail.  Some universities, like mine, have the award letter posted online but that means you have an account.  Either way you will get one in the mail.  Don't worry, money is never an obstacle that can stop you from progressing your education.

Answer 3

More than likely yes. It usually takes about 2 weeks before you know anything. You can see if you qualify for SEOG or some other kind of grant but its usually only about $400.00 which we both know isn't anything in college. That won't even pay for a book. Why are you not eligible? Too much money, academic suspension? Go to the following websites and see if they can provide you with some better insight. You can also talk to the FA Administrator at the college you applied for FA at and see if they can help explain things to you. Good Luck!

http://www.fafsa.ed.gov/contact.htm

http://www.fafsa.ed.gov/index.htm