Who qualifies for the Pell Grant

Routes to finance

The government established the Pell Grant program to help low-income students enter college. However, there are many students in the situation where their parents are unable to help them pay for college, but they will not qualify for a Pell Grant. This usually happens when the parents exceed a certain amount each year. The amount does not change based on family size and other conditions.

Unfortunately, one of the questions is age related and even if you are completely independent and your parents no longer claim you for your taxes, you may not be able to qualify for a Pell Grant.

If you find yourself in the situation where you have to pay for school yourself but are not receiving support from your parents or a Pell Grant, options are still available to you. It just means that you will have to come up with extra cash to cover your expenses during the school year. It can be frustrating to realize that you don't have this help, even if you are completely on your own financially, but you shouldn't let it stop you from going to school. It's important to know that the maximum amount you can qualify for is $ 5,920. 00 in 2017. You should be able to find additional ways to raise that much cash to cover college expenses.

Apply for Needs Based Scholarships

Start applying for needs-based scholarships through your college and university.

You can speak to the tax office in your school and explain the situation. Additional money may be available in your college for such situations. You can also be more lenient than the FAFSA form as it doesn't take into account your parent's income in these situations.

You can also apply for scholarships at the national level.

Look through your work and through your parents' employers to see if these organizations offer scholarships. Local groups often offer scholarships. Although the amounts can be smaller, the scholarships can add up and help reduce the amount you need to earn or borrow in the future. Make a goal of applying for a specific number of scholarships each year.

Choose an Affordable College

Consider going to a cheaper university. Although private universities offer great programs, there are many excellent public universities that can offer you quality education at a much cheaper price. Moving to an in-state schooled school will likely save you more than you would have received with Pell Grant money. It is worth doing shopping and considering the cost of tuition when choosing your school. That doesn't mean you have to go to community college first if this isn't for you.

Take a look at summer school hours as another way to save on your tuition. Some schools will offer lower tuition fees in the summer to encourage students to study on time. The workload can be different in summer. That is why it is important to research the classes and professors carefully when you enroll.

Some professors are much more relaxed, others are not. Merit scholarship-based scholarships can be easier to qualify in the spring and summer.

Apply for a student loan

Apply for a student loan. You can still apply for a Pell Grant because it's just like applying for federal student loans. You can apply for loans and then decide not to use them if you don't want to. This gives you access to the money when you need it. It can be a good idea to do this at least in your freshman year because you don't know what kind of work you can find and maintain while you're in school. Try to avoid private student loans as the repayment terms are more difficult and the interest rate is higher.

Find a good college job

Make the most of your college job.

If you are on your own when you pay for college, you will have to work to cover the costs. Not all jobs are created equal, and you need to make sure that you are earning as much as possible in the hours that you set aside to work. Off-campus jobs often pay higher than what you can earn as a freshman, but that can change if you are qualified to become a teaching or research assistant. Working in the summer and saving can also help with the expenses. During the summer, you may need to do multiple jobs to save enough money to keep working during school hours.

Keep your living expenses down

Reduce your school expenses. You can cut your cost of living and stay on a tight budget in college, which can make school more affordable. You want to close out with as little debt as possible. You may want to consider living at home if that is an option. If you do, your parents will still be able to claim you on their taxes, but the savings will be more than what you would get as a Pell Grant.