2013 - 2014 Pell Grant Application
The 2013-2014 Pell Grant application, also known as the FAFSA (Free Application for Federal Student Aid) must be completed in order to be eligible for the Pell Grant. The FAFSA can be completed either online or through printable application. The Department of Education recommends students to complete the application online, since students can make immediate changes to their application and can also receive confirmation that their application has been received. Applicants that complete the printable application are advised to request for a return receipt to confirm that their application has been received.
There are many beneficial changes made to the 2013-2014 Pell Grant application, which includes the following:
Beginning in early February 2013, students and parents who have completed their 2012 IRS tax return may be able to use FAFSA on the Web electronically to view their tax information. With just a few simple steps, the tax information can also be securely transferred into the FAFSA. The main purpose of the IRS data retrieval tool is to link a familyís IRS tax return to their FAFSA, so the Department of Education received the same tax data as the IRS.
This change alone can eliminate up to 18 questions on the FAFSA form, which will greatly reduce the time it takes the average student to finish the form. Also on its way is a feature that will allow students to skip questions that donít apply to them, also reducing the time it takes for students to complete the forms.
These changes were implemented to simplify the financial aid process to assist more students in receiving financial aid and pursuing a college education. Studies have shown that efforts to simplify the process of applying for financial aid can increase the number of students who apply to college, so improving financial aid forms can have a significant impact on college enrollment.
The FAFSA (Pell Grant Application) must be completed and submitted by the deadline in order to be considered for a Pell Grant for the upcoming school year. Each state has its own respective FAFSA deadline, so itís important you know your specific stateís deadline date. Applicants should contact their schoolís financial aid office if they have any additional questions on the FAFSA deadline.
The 2013-2014 Pell Grant application takes the applicants data to determine if an applicant qualifies for federal student aid. The application still uses the studentís Cost of Attendance, Family Income and total family assets, as well as the total number of family members to calculate an EFC score. The EFC (Expected Family Contribution) score determines how much a family is able to pay for their childís education. Individuals that are high income earners have a low chance of receiving a Pell Grant, while applicants that have a financial need to pay for their education are more likely to receive a Pell Grant.
Students that qualified and received a Pell Grant in previous school years are still required to complete and re-submit the FAFSA for the upcoming school year. Also, even if an applicant received a Pell Grant in prior school years, it does not guarantee that they will receive another award in the upcoming school year.