Hey everyone! I'm a little concerned about financial aid and I've been researching the Pell Grant. However, I can't seem to find a clear answer about the income limit for being eligible. Does anyone know what it is?
Hello! The income limit for a Pell Grant isn't a fixed number, as eligibility is determined by multiple factors, including your Expected Family Contribution (EFC) and the cost of attendance at a particular school. However, most Pell Grant recipients typically come from families with an adjusted gross income (AGI) of $50,000 or less, as grants are aimed to help low-income students.
However, even if your family's income is slightly higher than $50,000, I would still encourage you to apply for financial aid to see what assistance you might qualify for. And since the application is free, there’s no harm in exploring your options. Do make sure to complete the FAFSA as soon as you can, since some aid is given out on a first-come, first-served basis.
Good luck with your financial aid journey!
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