If you have been putting off going to college because of financial concerns, now may be the perfect time to get your degree. The government is making it easier to go back to school by putting more money into Pell Grants. As part of President Obama’s $600-billion stimulus package, this free money is more available to students than ever before.

Pell Grants are perfect for people trying to go back to school and watch their budgets. In particular, these grants offer the following benefits:

  • You never have to pay them back. That’s right. You never have to worrying about accumulating debt with Pell Grants. Once the government sends you your Pell Grant check, you never have to pay them back or pay any interest. After tuition and fees, you can use that cash however you see fit.
  • They typically cover tuition and more. For full-time students, Pell Grants are typically large enough to pay for tuition, fees, books, and much of your living expenses. This makes it easy for people on a budget to go back to school without dipping into savings. Students can qualify for up to $5,500 in Pell Grants.
  • They are based on a students’ need. Pell Grants take into account a student’s living expenses, how many credit hours they will take, and how many dependents they are supporting. That means the amount you receive will rise according to your obligations. And any amount not covered by Pell Grant can be made up with low-interest Stafford Loans.

To receive free Pell Grant money, you need to enroll in and register at an accredited university. Once admitted, you can fill out a Federal Application for Federal Student Aid (FAFSA) to find out how much Pell Grant money you will receive.

Are you ready to return to school and get free Pell Grant money? Visit our form to find an accredited school and get enrolled. A financial aid counselor will help you start getting your free money to go back to school.

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