If you want to go to college and you are in dire need of some financial assistance to be able to do so, the Pell grant could be just what you are looking for.  This grant has several main advantages that you should be aware of – most notably the fact that it is not a loan.  This means that whatever you are granted in this way, you will not have to find the means to pay it back at any point.

In short, this is a needs based grant which allows many students to reach college where they would otherwise not be able to.  If you have decided that you may need to apply for a Pell grant, you must go through the proper channels if you are to get the best chance of being granted the amount you want.

The way to do this is through the FAFSA.  If you haven’t heard of this acronym before, this could well be the first time of many that you do hear it.  The letters stand for the Free Application for Federal Student Aid.  As the name suggests, it is free to fill it out and it is one of the most important things you can do as a student.  Plenty of lenders will ask whether you have filled one of these out or not, and if you haven’t you could find yourself coming up against various roadblocks in your efforts to get financial aid for college, including a Pell grant.

You should be prepared to spend some time filling out the form, because it is quite long and complicated.  There is a lot of information that is required and you must make sure that everything is correct otherwise it could cause you problems of all kinds.  This is why we suggest allocating some time to sit down and work through it bit by bit.  If you try and fill it out quickly you are more likely to make crucial mistakes that could affect whether you receive a Pell grant or not.

This is the only way you can try and get this grant when you are thinking of going to college.  But the good thing is that when you apply for this grant you can also be considered for other grants that you might be eligible for as well.  For instance if you are a single mother you may find there are other loans and grants that are available for people in your situation.

There is no doubt that the Pell grant can be an enormous financial aid to those who would otherwise miss out on college altogether.  One of the most important things to remember is that when you apply for it you must have to do it in time.  There are set deadlines every year that you must adhere to, so find out when these are and make sure you start filling in the FAFSA form in plenty of time.  Don’t assume you automatically know all the info you need, because you may have to work out some figures first.