Single Moms Can Go Back to School Thanks to the Federal Pell Grant
Are you a single mom and would like to go back to school
? Perhaps the main thing holding you back is not being able to afford the high cost associated with getting a higher education. You may not realize it but there is grant money available to aid single parents and others. This federal education aid program is called the Federal Pell Grant.
The Pell Grant is money that you apply for through the federal government's Department of Education to assist you to cover the cost of associated with going back to college. The purpose of this aid is to help those students and single moms to get money for a higher education so that economic barriers will not be a stumbling block.
The great thing about a grant is that, unlike a student loan, this money will never have to be paid back. A student loan must to be paid back after completing school, so the Pell Grant should be your first consideration.
The reason why this is such a good option for single moms is because often single parents fall into the lower income range that this grant fund was created for. The government uses the term EFC ( expected family contribution) to determine the eligibility status of an applicant. If you are a single mother or father and sole provider this can swing things in your favor.
This type of financial boast could be just the ticket you need to get you back into school without the stress of the associated high cost. These federal aid grants have helped many people go back to school and better themselves with a higher education. This can greatly influence your ability to get a higher paying job, or position at your current job.
The current administration has recently raised the limit of money one can receive from the federal grant money up to $5,550 for the 2010 - 2011 school year. This presents an excellent opportunity for going back to school when cost was the main thing stopping you.
Single Moms Can Go Back to School Thanks to the Federal Pell Grant