Last updated on May 28, 2023 by College Financial Aid Advice.
University Minnesota
High school diploma or GED
U.S. Citizen (some non-citizens are qualified)
Enrolled in accredited college or university undergraduate program
Must not have certain types of criminal convictions.
Low to moderate income (Typically less than $40,000 per year).
There is no exact income number that qualifies you for a Federal Pell grant. Your eligibility depends on multiple factors, including income tax paid, what state you reside in, if one or both parents work, value of bank accounts and investments, age of parents, number of people in the household, and number of family members attending college.
You may also be eligible for state grants and scholarships based upon your Pell Grant eligibility, or some private scholarships such as the Bill Gates Scholarships.
The Federal Pell Grants program is moving toward requiring Pell Grant applicants to use tax data from the IRS to report their income section, based upon their federal tax return. This can be done by using the IRS data retrieval tool during the FAFSA online application process.
Your FAFSA information will determine your EFC or Expected Family Contribution. The lower your EFC means you are more likely to meet the Pell Grant requirements. Typically an EFC of 5500 or less means your Pell Grant eligibility looks good.
Bill Gates Scholarships for Minorities
Iraq and Afghanistan Service Grant - see studentaid.ed.gov
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.
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