Friday, October 14, 2005

Don't expect the Pell Grant

The majority of students start college expecting to get the Pell Grant. The Pell Grant is reserved for the neediest students who attend college.

One example might be a student who lives with a single parent who makes $40,000 a year, but has several debts and a total of 2 children. This parent obviously can not afford to pay for college for their child, but this student will probably not get the Pell grant.

The students that get the Pell Grant are the people with 2 parent or single parent families that might make a total of $20,000 a year with 3 or 4 kids at home.

When you are planning on college, just expect that you will take out loans, or have to attend community college for two years.

There is also a chance that government budget cuts, education and Pell Grants might be the first to go.

You can learn more about the Pell Grant at thepell.com

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