The Pell Grant – a need-based higher education grant from the U.S. Department of Education that, unlike a loan, does not need to be repaid – lies at the heart of the federal financial aid system.

As college expenses increase, financial aid has become a lifeline for most students and families. According to Experian, for the 2024-2025 school year, tuition and fees ranged from $11,610 at in-state ...

Add Yahoo as a preferred source to see more of our stories on Google. Amid a complicated federal financial aid system, Pell Grants are the largest source of federal funds for college that students do ...