USA Federal Pell Grants: A Primer
Many young people never give up on their dreams because they know that all they need is a good education to make their dreams a reality. On the other hand, there are times when it becomes difficult to cover the cost of a college education. The Federal Pell Grant Program comes into play here. One must first be familiar with the concept of government grants in general before delving into the specifics of the Federal Pell Grant Program. Free government money is what? Government grants, as the name implies, are financial awards made by the government to individuals, non-profits, and for-profit businesses in order to help them fulfil a variety of needs and further the greater good. To put it simply, grants are not like loans from the bank, and as such, they do not require repayment. Let's dive headfirst into the topic of Federal Pell Grants in the United States. Financial aid for college studies from the federal government, known as Pell Grants. Pell Grants were established and are given to deserving students as a means of offsetting the high cost of a college education. Pell grants are typically given to