Paying for college can feel overwhelming, especially if you’re trying to avoid student loans. But there’s good news. The Federal Pell Grant is a need-based program that offers up to $7,395 per year to eligible students. This money does not need to be repaid and can be used for tuition, books, housing, and other education-related expenses.

What Is a Pell Grant

The Pell Grant is a federal financial aid program designed to help low-income undergraduate students afford college. It’s awarded based on financial need, not academic performance or test scores. If you qualify, the funds are sent directly to your school to cover your costs, and any leftover amount may be refunded to you.

Who Qualifies

Eligibility is determined by several factors. Your income, family size, and the cost of attendance at your school all play a role. You must be a U.S. citizen or eligible noncitizen and enrolled in an undergraduate program at an accredited college or university. Graduate students are not eligible.

You also need to maintain satisfactory academic progress and not already hold a bachelor’s degree. If you’re attending school part-time, you may still qualify for a reduced amount.

How to Apply

The first step is to complete the Free Application for Federal Student Aid, better known as the FAFSA. This form collects information about your financial situation and determines your eligibility for federal aid, including the Pell Grant.

You can fill out the FAFSA online. It’s free and takes about 30 to 60 minutes to complete. You’ll need your Social Security number, tax returns, and details about your income and assets. If you’re a dependent student, your parents’ financial information will also be required.

It’s best to submit the FAFSA as early as possible. Some aid is awarded on a first-come, first-served basis, and applying early gives you the best chance of receiving the full amount.

How Much Can You Get

The maximum Pell Grant award for the 2025–2026 academic year is $7,395. The exact amount you receive depends on your financial need, your school’s cost of attendance, and whether you’re enrolled full-time or part-time.

If you attend school year-round, including summer sessions, you may be eligible for additional funds. Some students receive up to 150 percent of their scheduled award by taking extra classes throughout the year.

Where the Money Goes

Once your FAFSA is processed and your school determines your eligibility, the Pell Grant funds are applied directly to your tuition and fees. If there’s money left over, it can be used for books, supplies, or living expenses. Some schools issue refunds for the remaining balance, which you can use as needed.

Tips for Success

Keep your information up to date. If your financial situation changes, you can update your FAFSA. Also, reapply each year. Pell Grants are awarded annually, and you must submit a new FAFSA to continue receiving aid.

Stay on top of your academic progress. Failing too many classes or dropping below half-time enrollment can affect your eligibility. If you’re struggling, talk to your school’s financial aid office or academic advisor.

The Pell Grant is one of the most valuable tools available to help students afford college. It’s free money that can open the door to higher education without the burden of debt. Take the time to apply, follow through with your paperwork, and stay focused on your goals. You might be closer to that degree than you think.

For more details and to begin your application, visit Fastweb’s Pell Grant guide or check the Federal Student Aid Handbook for updated eligibility and award information. You can also explore Classes and Careers for additional financial aid options. Every step you take brings you closer to a brighter future. Make it count.