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Whether you have already decided to pursue an online degree or are still trying to decide if it is the right option for you, how you're going to pay for college may very well be one of your biggest concerns.


If that is the case, you will be interested to know that Federal Pell Grants are also available for online students as well.


At schools across the country, Pell Grants and student loans are used by many students each year to pay for their schooling.


But unlike student loans, Pell Grants do not need to be repaid.


This is one of the many reasons we do not encourage students to attend schools with high tuition costs where they must take out student loans to make up the difference.


At ABTU, the chances are pretty high that if you qualify for Federal Pell Grants, then you will also be able to attend college at ABTU through our special Zero Debt Initiative.

This means you can get an accredited education for a fraction of the cost (if any cost at all).


If you are considering applying for a Pell Grant to help pay for college, these are the 3 facts you must know as outlined below:


Debt Free Degree American Business & Technology University


3 "Must Know" Facts About Federal Pell Grants


1) Federal Pell Grants are for Undergraduate Programs

While those working on graduate degrees and other higher level degrees can qualify for scholarships, you may only qualify for a Federal Pell Grant if you are attending college for an Associate, Bachelor's Degree or a shorter-term Certificate and or Diploma

2) Federal Pell Grants are Based Upon Financial Need

Although you need to pass classes and stay in good academic standing to continue to receive Federal Pell Grant funding, the amount you get is not initially based upon your grades.

Instead, things such as your expected financial contribution (EFC), cost of education, and status as either a full-time or part-time student are all taken into consideration.


It is important to note that scholarship money and other money you receive for your education will not reduce your Pell Grant eligibility.


Once you are eligible, you maintain grant eligibility by maintaining a minimum GPA of 2.5 as long as you stay enrolled.


According to 2014 statistics, the average, adjusted household income for those that qualified for Federal Pell Grants was $50K annually.


Do you qualify?


Please note, if you have children, dependents and/or students in your household, your chances of qualifying are much higher. 

3) In Order to Receive Federal Pell Grant Money, You Must Apply

Even if you are eligible for a Federal Pell Grant, if you do not apply, you will not be awarded any grants.

In order to verify your eligibility, fill out the FAFSA (Free Application for Federal Student Aid).

Since this is a government-run process, it is best to get the verification started as soon as possible.

Depending upon your age and marital status, you may be asked to enter information about others living in your household. 


If you require assistance filling out your FAFSA, please contact us and we will be glad to assist you.


If you are interested in learning more about the specific programs available to you at ABTU, would like to enroll, or need help understanding the process of getting a Federal Pell Grant, please contact us using the link provided.


With a little bit of time and effort, you can find out if you qualify for grants that will lighten the financial burden that comes along with college.


We have a saying at ABTU - "Don't pay any more for a college education than you absolutely have to."

For our students, that just happens to mean not much, if anything at all out-of-pocket.


Get ahold of us. We'll be glad to help you sort it all out.