March 4, 2010 | | Leave a comment 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. 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 worry about accumulating debt with Pell Grants. Once the government sends you your Pell Grant check, you never have to repay it 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 for the 2010-2011 school year. They are based on a student’s 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 Pell Grants, 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 financial aid you will receive. If you are ready to use Pell Grant money to return to school, visit ClassesandCareers.com and fill out their form to enroll in an accredited school. A financial aid counselor will help you get your Pell Grant money.