What is the potential award amount for the Pell Grant and does Imani have to pay this back?

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17-09-2020
Business

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What is the potential award amount for the Pell Grant and does Imani have to pay this back?

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sadddamkashmiri801 sadddamkashmiri801 · Answer 1 · 2020-09-19T04:42:56+02:00

Answer with Explanation:

The Potential amount for the Pell Grant largely depends on you family income and asset worth. The maximum Pell Grant award for the year 2019-20 is $6,195 and maximum award per term is $3,097.

We don't have to pay back the Pell Grant but under certain circumstances which are listed as under:

Early withdrawing from the program that let you qualify for the grant.
Enrollment status changed during the execution of program.
Received Other Scholarships
You qualified for Teach Grant but later you didn't met the requirements for the grant.