If you are looking for free money for college, it is hard to beat a federal Pell Grant. All students who are interested in free grants for college should submit a FAFSA, which serves as the free grant application. Awards are made students based upon financial need. You will be notified of your Pell Grant award, if any, as part of your financial aid package.
Last updated on June 3, 2023 by College Financial Aid Advice.
Princeton University
For 2022 - 2023, the federal Pell Grant maximum award is $6895. Students are limited to only 12 semesters, and some awards will be less than prior years. There are no awards for summer school.
Recipients are also eligible for other grants for college students that may be awarded based upon their FAFSA financial need, and outside scholarships making college much more affordable. Scholarships and Grants
Due to the COVID-19 pandemic, interest rates on federal student loans is temporarily reduced to 0% from March 13 2020 to December 31, 2022. You may choose to temporarily stop making these monthly payments if you wish. In August 2022, President Biden announced new loan repayment plans that will limit the existing student loan payments based upon income. Some federal loan amounts may be forgiven based upon income level ($10,000 loans per student or $20,000 loans for Pell Grant recipients). This relief is held up in the courts so it is unknown if or when it will happen.
Scholarships for 2023 - It is never too early or too late to work on your scholarship searches. If you are part of the high school class of 2023, you should work on your scholarship and college search now. See our list of Scholarships for High School Seniors
FAFSA - The official 2023 - 2024 FAFSA is now available. See information about FAFSA.
Scholarship Lists An overview of the different types of Scholarship Money for College.
Grants Learn more about grants, the other free money for college.
Need Tuition Help? Reduce the cost of tuition with these college Tuition Assistance Programs.
Tax Credit Claim the American Opportunity Tax Credit.
College Savings Plans Save money for college with these College Savings Plans.
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