obama facts for students
Tuesday, June 22nd, 2010
There’s been a lot of talk lately about the Federal Pell Grant. In fact, there has been a lot of talk about financial aid for students in general, including grants and scholarships. Why is this suddenly such a hot topic? And why so much focus on single moms? During his campaign for president, Obama promised to make it easier for more Americans, especially single moms, to receive a college education. And that’s a promise he has made good on.
Suddenly, what previously may have seemed impossible could become a reality. How? There are grants and/or scholarships available up to the amount of $10,000. That is ten thousand dollars of tax free money that will never have to be repaid. Surely, that would and could help you with achieving your education goals, and put you in a position to better provide for your family.
So what is the Federal Pell Grant anyway? This grant is strictly given as a need based grant. That means applicants need to be in dire financial straits. That you could not afford to go to college without some sort of financial aid or assistance. Assuming you meet the application criteria, the Pell Grant amount for 2010-2011 is $5,500. Both full and part time students can apply, however the amount given to part time students will be less than the amount given to full time students.
Single moms will be happy to know that they are not restricted to applying to actual college campuses. You can apply for online courses as well, meaning that you can stay home to look after your families. Another thing worth mentioning is that as on January 2010, the Free Application for Federal Student Aid form, or the FAFSA, has been simplified, so filling it out isn’t as difficult as it once was. And in some cases, you may be able to find out an estimate of your grant eligibility instantly. You have until June to apply for this grant, but many officials urge prospective students to apply immediately.
So, why are you waiting? Fill out your application for a Federal Pell Grant today!
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