Quick information on Pell Grants:
A Pell Grant, unlike a loan does not have to be repaid.
A Pell Grant can be renewed annually.
The maximum Pell grant for the 2019-2020 award year (July 1, 2019, to June 30, 2020) is $6,195 - The amount depends on your financial need, costs to attend school, status as a full-time or part-time student, and plans to attend school for a full academic year or less.
The US government also offers student loans to fund your education. You can pay these back at very low interest rates.
See http://www2.ed.gov/programs/fpg/index.html for more information
**Data collected and distributed by the National Center for Education Statistics https://nces.ed.gov/pubs2019/2019144.pdf
***Data collected and distributed by the National Postsecondary Student Aid Study https://nces.ed.gov/pubsearch/pubsinfo.asp?pubid=2019144
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Occasionally you might have to pay back part or all of a grant if, for example, you withdraw from school before finishing an enrollment period such as a semester. Source: