Posted in portal.gznq.com | edit | March 9th, 2010
So i am trying to start college and i get an award letter back from my school saying i am only eligible for 1500 dollars in loans and 500 in pell grants for a total of 2000 dollars. I am 18 years old with a family of 7 ( including me and both my parents) my parents are currently separated and are about to get divorced, and they were separated at the time i filled out my fafsa...we are currently on housing and food stamps because my mother is also planning on going back to finish school to become an RN. So i am still wondering why am i only eligible for this amount, i know a few friends who are getting all most all their financial aid from pell grants and their parents are still married and make way more than what my parents make? Pell is based on the previous year's income, not the current income. It's the only thing I can think of, that perhaps your parents had higher income last year?
I can't think of any other reason. Depending on how much your parents make (or how much they have in assets) could reduce your PELL. If your parents do officially get divorsed this school year, you could ask your financial aid office to perform a "professional judgement". This would allow them to look at your current status as opposed to last year's information. If your mother does go back to school, it may put 2 in college for your family instead of just you. This could change even more if you school adjusts for divorse (depending on who your are living with and who supports you more) and you have more from your family in college. This would lower your EFC (expected family contribution) and increase your PELL if this happened.
The most you can get in PELL for the entire 08-09 year is $4,731. You may want to talk to your friends again and double check how they are getting everything paid for with PELL. I am guessing that your friends are getting other types of aid, possibly from the school as institutinal aid.#If you have any other info about this subject , Please add it free.# |
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