Some people in these school administrations are snakes so be careful. I had a financial aid counselor at a trade school completely mislead me about all of this with no desire to actually help, he just wanted the school to look good by getting more money flowing through the system. Told me in a straight up guarantee (never do that) that I would get the full $6500. Ended up with $1200 that got split half and half between 2 semesters. I didnt know thats how it worked, he told me I would get $6500 lump sum. Bottom line is this: not every counselor or administrator is out to help you. They just want the institution to look better and they're scam artists in an office chair. Just be careful and do your own research.
I just went to financial aid and they told me that I can't get the money into my account even tho I have full tuition paid. They are saying they need to apply the pell grant to my tuition first. But I could've sworn that the pell grant can be transferred to my personal account
Hello someone give me advice please. I'm 54 years old I never use my peel Grant. I would like to use it for online courses to get my real estate license and maximize the most money in my pocket left over. I want a lot of grant money to keep for my living expenses because I'm homeless. And I also need to buy a lot of batteries for light so I can study and gasoline so I can charge my laptop in my car that I can drive anywhere. How can I use the program for that
My school said they don’t give the left over money to you if you have one. But I read that school disburse leftover money to students. I need clarification.
I liked the informative video. If I got Pell grant for summer classes, how soon can I apply for another one if I'm planning to attend fall classes as well. Also, besides pell grant I was offered subsidized loan summer, should I take it? Thank you in advance.
If you are still eligible for the Pell Grant when you file your FAFSA, you should be able to continue getting it each year. I would check your Student Aid Report you got when filing the FAFSA. I would only take a loan if you need it. My advice would be to continue to apply for scholarships until you have won enough money to no longer need loans, but if you don’t have enough right now for the coming semester, I’m not going to tell you you shouldn’t take the loan. Just make sure you treat the loan like borrowed money and not free money. Only take what you need and have a plan to pay it back. Best of luck!
Question do the credits count only for the classes within your mejor?? I am confused I thought they pay you per credits ..know I been seeing they only pay you per credit for your major??
I’m not 100% sure I understand the question, but the number of credit hours you take determines whether you are a full time or part time student. The amount of Pell Grant that you are eligible to receive is different based on whether you are a full time or part time student. But the amount of money you receive isn’t applied to certain classes. Whether pr not a class you are taking is part of your major or not doesn’t matter. You can still use the money from the Pell Grant to pay the tuition. Does that answer your question?
So if I make around 35k and so does my boyfriend would we qualify for a marriage Pell grant? I do not qualify due to my income and my mothers income because hers is above $50k
I was new here in the U.S and I filled up my FAFSA form and I put that I have savings eventhough I didn’t have, basically I lied about it, I put that I have $40,000 savings eventhough I don’t have. The reason I put it it’s because maybe they will not let me loan any money if I don’t have any savings. How can I get rid of the $40k that I put on my fafsa? My friends got pell grants and I don’t. How can I correct my fafsa form to be able tobe qualified in pell grant?
Here is a link to what you can correct on your FAFSA and how. studentaid.gov/apply-for-aid/fafsa/review-and-correct/correct If you are unable to correct it, you will have to wait and update the information when you file the FAFSA next year.
My understanding is after the semester expenses are paid to the school, if there is any money left over, that is when the excess funds would be available.
Thank you so much for still being active in the comments after all this time it is so helpful! Also, if I attend a university that is work at your own pace, is me being considered full time or part time strictly based off of how many credits I earned or does it also depend on how long it actually took me to graduate that year? Trying to figure out also if it matters what month I start since it’s remote and I can start at the beginning of any month so I want to make sure it’s all viewed as being in the same academic year and as full time.
That is a great question and to be honest, I’m not sure. It’s typically semester based, so I would think all the classes started in the same semester would count towards full time status. However, it’s not something I’ve been asked before and don’t recall seeing anything about it specifically on the government website.
They send the money directly to the school that you choose to go to. It will appear on your financial aid letter from your school and be taken away from what you owe them.
I know it's been 2 months but I hope you were able to open a bank account because whatever remaining money is left after the school takes out tuition and all their fees that money is sent to your bank account it's not given to you in cash.
Kind of a weird question here. I graduated in 2015 but looking at my pell grant info, I qualified for 6 years of pell grants and only utilized 3. I’m guessing I can’t claim those other 3 now that I’m working, even though I still have loan debt?
You could use them still if you went back to school for some reason, but you can’t claim the money for years you weren’t in school. Meaning, it’s not like a balance of money is sitting for you to withdraw to use to pay down your loan. It’s only if you are taking classes that the Pell grant money can be used to help pay for them.
I know this is an older video but my EFC is 9099 and I only made $37,000 in 2021. I keep seeing online that people making way more than that still qualified, is there a reason why my EFC is so high?
Is receiving a deferred pell grant the same as any other pell grant? Because I start trade school soon and it shows my “expected pell grant: $2873 & pell deferred: $2608” so I’m kinda confused at the moment
The pell grant is distributed each semester, so I believe that means you have $2873 awarded for this semester and the deferred $2608 is for next semester. I could be wrong, but that’s how I read that. Is there any fine print on the document you received at the bottom or back that clarifies anything?
@@ThomasTries I was told I must maintain a C average & stay in class for a minimum of 6 hours per day. This is part of the email if you don’t mind reading, thank you. “You are eligible for $5746.00 for the full academic year (Fall term - $2873.00/ Winter term - $2873.00). You have the first 5 days of class to withdraw without penalty. After that time frame has passed, you are financially obligated for the specific term. Being that we are a clock hour-based school, we are only able to request funds according to your earned hours of attendance for the term. If you withdraw early and the amount of Pell funds are less than the tuition, you will be responsible for the remaining balance. “
Are you wanting to confirm that the part you put at the beginning of your comment is correct? The part about withdrawing just means if you withdraw from a class after the withdrawal period has closed, you still have to pay for the class. And you are responsible for anything you owe above what you will receive from the Pell Grant.
Im not sure if your still looking at comments but I'm going to apply this upcoming October 1st for the FASFA. My parents make 75k, i am also first generation, and were 4 people in my household. do you think ill be eligebable for the pell grant?
It’s certainly possible. Here is a link to their site that will have more information you will need in order to estimate if you’re eligible: studentaid.gov/understand-aid/types/grants/pell
I received a awarded amount of 8k for 2021-22 and only have received 3k over two semesters of those years I dropped out the last semester of spring 2022 will I be able to receive the rest of the grant money if I never go back to school ?
Pell grant money is for education expenses and gets sent directly to your school. If you never go back to school, then you won’t be able to use the grant money.
It depends. If you owe more to your school than the grant, when the money is sent to your school it will all be applied to your account. If you owe less than the grant, then some will get distributed to you for other educational expenses. But remember that educational expenses include transportation, housing, food, supplies, etc.
The money gets sent to the school so the money will first be used for educational expenses like tuition. If you have all your educational expenses covered, then you can get a distribution of anything left that can be used for the other things. But if you still owe money for tuition, that’s the first place it goes.
you just said that you still get the money even if you had other scholarships then in the next clip you literally say that you may have to repay the grant should you earn another grant or scholarship lol
Too bad I can't get the Pell grant anymore as an undergraduate because I had too many school terms. The fed. Government put the ceiling on 3 years ago. Bummer!
Some people in these school administrations are snakes so be careful. I had a financial aid counselor at a trade school completely mislead me about all of this with no desire to actually help, he just wanted the school to look good by getting more money flowing through the system. Told me in a straight up guarantee (never do that) that I would get the full $6500. Ended up with $1200 that got split half and half between 2 semesters. I didnt know thats how it worked, he told me I would get $6500 lump sum. Bottom line is this: not every counselor or administrator is out to help you. They just want the institution to look better and they're scam artists in an office chair. Just be careful and do your own research.
I just went to financial aid and they told me that I can't get the money into my account even tho I have full tuition paid. They are saying they need to apply the pell grant to my tuition first. But I could've sworn that the pell grant can be transferred to my personal account
Very informative! Thanks!
Thank you!
Great video thank you
Thank you for this!
You’re very welcome!
That’s great and simple way to explain it thanks g
How do you apply for a Pell grant if you already did your FAFSA
Your FAFSA is your Pell grant application. The data from your FAFSA is what determines your Pell Grant eligibility.
Do we have to apply every years or every season? Thanks
You have to file the FAFSA every year.
Hello someone give me advice please. I'm 54 years old I never use my peel Grant. I would like to use it for online courses to get my real estate license and maximize the most money in my pocket left over. I want a lot of grant money to keep for my living expenses because I'm homeless. And I also need to buy a lot of batteries for light so I can study and gasoline so I can charge my laptop in my car that I can drive anywhere. How can I use the program for that
The money from the Pell grant is distributed to the school you will attend. It will be applied to school related expenses.
SO WEIRD I had the same plan!!! How did it work out for you???
@@ThomasTries school related expenses such as? How would they even know what I'm spending the extra cash on???
You don’t have to be a US citizen just a real legal resident
My school said they don’t give the left over money to you if you have one. But I read that school disburse leftover money to students. I need clarification.
fsapartners.ed.gov/sites/default/files/2021-03/0304Vol3Ch4.pdf
Check out the middle of the first page.
That school lying, you should get the extra money that money is in (YOUR NAME)
I liked the informative video. If I got Pell grant for summer classes, how soon can I apply for another one if I'm planning to attend fall classes as well. Also, besides pell grant I was offered subsidized loan summer, should I take it? Thank you in advance.
If you are still eligible for the Pell Grant when you file your FAFSA, you should be able to continue getting it each year. I would check your Student Aid Report you got when filing the FAFSA.
I would only take a loan if you need it. My advice would be to continue to apply for scholarships until you have won enough money to no longer need loans, but if you don’t have enough right now for the coming semester, I’m not going to tell you you shouldn’t take the loan.
Just make sure you treat the loan like borrowed money and not free money. Only take what you need and have a plan to pay it back.
Best of luck!
What if I’m out of school but still have money left from Pell grant how do I get what’s remaining
Question do the credits count only for the classes within your mejor?? I am confused I thought they pay you per credits ..know I been seeing they only pay you per credit for your major??
I’m not 100% sure I understand the question, but the number of credit hours you take determines whether you are a full time or part time student. The amount of Pell Grant that you are eligible to receive is different based on whether you are a full time or part time student. But the amount of money you receive isn’t applied to certain classes. Whether pr not a class you are taking is part of your major or not doesn’t matter. You can still use the money from the Pell Grant to pay the tuition. Does that answer your question?
So if I make around 35k and so does my boyfriend would we qualify for a marriage Pell grant? I do not qualify due to my income and my mothers income because hers is above $50k
Oh geez.. stop playing house before you get married
my son only got 9 semesters of fafsa help. His pell grant usage was 340% of the 600%. Any idea why they denied him more financial help?
I was new here in the U.S and I filled up my FAFSA form and I put that I have savings eventhough I didn’t have, basically I lied about it, I put that I have $40,000 savings eventhough I don’t have. The reason I put it it’s because maybe they will not let me loan any money if I don’t have any savings. How can I get rid of the $40k that I put on my fafsa? My friends got pell grants and I don’t. How can I correct my fafsa form to be able tobe qualified in pell grant?
Tell them you lied. Give them proof as to your savings.... then maybe. If that doesn't work, wait until the next semester and tell the truth.
Here is a link to what you can correct on your FAFSA and how. studentaid.gov/apply-for-aid/fafsa/review-and-correct/correct
If you are unable to correct it, you will have to wait and update the information when you file the FAFSA next year.
@@ThomasTries Wow, thank you so much. I appreciate it. Subscribed :)
You are very welcome. Good luck with your situation. Hope to see you in the comments of the next video!
You big dummy lol ...jk
when would you receive that refund from the school of any left over funds
My understanding is after the semester expenses are paid to the school, if there is any money left over, that is when the excess funds would be available.
Thank you so much for still being active in the comments after all this time it is so helpful!
Also, if I attend a university that is work at your own pace, is me being considered full time or part time strictly based off of how many credits I earned or does it also depend on how long it actually took me to graduate that year? Trying to figure out also if it matters what month I start since it’s remote and I can start at the beginning of any month so I want to make sure it’s all viewed as being in the same academic year and as full time.
That is a great question and to be honest, I’m not sure. It’s typically semester based, so I would think all the classes started in the same semester would count towards full time status. However, it’s not something I’ve been asked before and don’t recall seeing anything about it specifically on the government website.
Dawg my parents are divorced each make like 30k and they said I’m not elegible for Pell grant. Any reasons on why they denied me ?
I got 6000 pel grant but now I don’t now how to use it to pay my college because I don’t have access to withdrawal the money!!! Pls help
They send the money directly to the school that you choose to go to. It will appear on your financial aid letter from your school and be taken away from what you owe them.
I know it's been 2 months but I hope you were able to open a bank account because whatever remaining money is left after the school takes out tuition and all their fees that money is sent to your bank account it's not given to you in cash.
Kind of a weird question here. I graduated in 2015 but looking at my pell grant info, I qualified for 6 years of pell grants and only utilized 3. I’m guessing I can’t claim those other 3 now that I’m working, even though I still have loan debt?
You could use them still if you went back to school for some reason, but you can’t claim the money for years you weren’t in school. Meaning, it’s not like a balance of money is sitting for you to withdraw to use to pay down your loan. It’s only if you are taking classes that the Pell grant money can be used to help pay for them.
If it not necessary to pay back how would graduate student be able to contribute as gratitude to the program? Asking for a...a friend..
where can you find your pell grnet
I know this is an older video but my EFC is 9099 and I only made $37,000 in 2021. I keep seeing online that people making way more than that still qualified, is there a reason why my EFC is so high?
I’m having the same problem
Is receiving a deferred pell grant the same as any other pell grant? Because I start trade school soon and it shows my “expected pell grant: $2873 & pell deferred: $2608” so I’m kinda confused at the moment
The pell grant is distributed each semester, so I believe that means you have $2873 awarded for this semester and the deferred $2608 is for next semester. I could be wrong, but that’s how I read that.
Is there any fine print on the document you received at the bottom or back that clarifies anything?
@@ThomasTries I was told I must maintain a C average & stay in class for a minimum of 6 hours per day. This is part of the email if you don’t mind reading, thank you.
“You are eligible for $5746.00 for the full academic year (Fall term - $2873.00/ Winter term - $2873.00). You have the first 5 days of class to withdraw without penalty. After that time frame has passed, you are financially obligated for the specific term. Being that we are a clock hour-based school, we are only able to request funds according to your earned hours of attendance for the term. If you withdraw early and the amount of Pell funds are less than the tuition, you will be responsible for the remaining balance. “
Are you wanting to confirm that the part you put at the beginning of your comment is correct? The part about withdrawing just means if you withdraw from a class after the withdrawal period has closed, you still have to pay for the class. And you are responsible for anything you owe above what you will receive from the Pell Grant.
Pell grant money doesn’t have to be payback right??
That is correct. The Pell Grant is free money you do not have to pay back.
That’s awesome. Glad you are getting the assistance you need.
Don’t forget that loans aren’t free money though. Just the grants and scholarships. Try to limit the loans as much as possible.
the fafsa is for the pell grant. Or can you fill out the fafsa for eligibility for student loans?
I was given the pell grant a couple years ago with the full amount but now I don’t qualify but I should have the same efc. What do I do?
Did the give any indication why you don’t qualify? Something must have changed from a couple years ago to now.
Im not sure if your still looking at comments but I'm going to apply this upcoming October 1st for the FASFA. My parents make 75k, i am also first generation, and were 4 people in my household. do you think ill be eligebable for the pell grant?
It’s certainly possible. Here is a link to their site that will have more information you will need in order to estimate if you’re eligible: studentaid.gov/understand-aid/types/grants/pell
Also, congratulations! I’m sure you’ll do an amazing job!
I received a awarded amount of 8k for 2021-22 and only have received 3k over two semesters of those years I dropped out the last semester of spring 2022 will I be able to receive the rest of the grant money if I never go back to school ?
Pell grant money is for education expenses and gets sent directly to your school. If you never go back to school, then you won’t be able to use the grant money.
Free money baby 🤑
Can they see what I spend my money on? Can I spend it on anything outside of educational purposes?
It depends. If you owe more to your school than the grant, when the money is sent to your school it will all be applied to your account. If you owe less than the grant, then some will get distributed to you for other educational expenses. But remember that educational expenses include transportation, housing, food, supplies, etc.
@@ThomasTries transportation? So I can buy a car?
Hmmm 🤔 good question
The money gets sent to the school so the money will first be used for educational expenses like tuition. If you have all your educational expenses covered, then you can get a distribution of anything left that can be used for the other things. But if you still owe money for tuition, that’s the first place it goes.
you just said that you still get the money even if you had other scholarships then in the next clip you literally say that you may have to repay the grant should you earn another grant or scholarship lol
Too bad I can't get the Pell grant anymore as an undergraduate because I had too many school terms. The fed. Government put the ceiling on 3 years ago. Bummer!
That’s a major bummer. Sorry it worked out that way.
How many terms do you have ? 16 ?