A Pell Grant is mainly some money set aside by the federal government for students and for states like California Pell Grants not paid are many. The students who need assistance for their education in colleges qualify for this assistance if they have not yet received their very first bachelors degree. A student will also qualify if he or she is not enrolled under other post baccalaureate programs that are offered under participant institutions.
The Grants comes from the name of the United States Senator from the Democrat of Rhode Island, Claiborne Pell who founded the fund. Pell Grand was primarily referred to as Basic Education Opportunity Grant the main objective of the fund, from Claiborne Pells view, was to assist students with financial problems through the financial aid package and to which fund, other kinds of financial aid are added.
CaliforniaVersion of the Fund
California Pell Grant no paid, just like the original grant, is given to attending college students. This is free money that the student does not have to pay for after they get financially stable. Students who do not complete their studies and leave early however, must give the entire amount that they have used back to the college which they were attending. Unlike a loan or credit advance, a grant such as the Pell Grant does not require repayment from the beneficiary. The fund is for those students that have serious financial needs and the agencies do not put a deadline that students have to apply by.
The amount given to the students can change with the changes that the economy experiences as well as changes that the individual student experiences. The grant presents a foundation or basis through which other financial supplies and assistance are received by the beneficiary. These assistant programs include scholarships, awards and loans. The student has to be deserving of these facilities. The grant is made to be completely independent of any California campus-based assistance and is portable. This means that students, if eligible, have the opportunity to apply for the grant to their preferred choice of post-secondary learning institution. to receive the grant, the educational institution must have the program as one of the aids that a student can benefit from.
Benefits of California Pell Grants
Students who have not had a professional degree or have not gained a bachelors degree, and who further meet all grant criteria, can receive a grant award that ranges from $555 to $5,550 if applying for the academic year 1st July 2011 to 30th June, 2012. The necessary maximum for the Pell Grant are set by the federal government each year, depending on the programs funding.
With these kinds of financial aid, students need to enroll into college and get their undergraduate degrees without hesitation even through they do not have financial ability. The government and private organizations realize that education is an important key to national development and grants like California Pell Grants not paid are a much needed facility for the student who is willing and able to learn yet not having enough financial backing to complete education.