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Wells Fargo® Student Loan
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Sallie Mae® Student Loans
Save Money & Pay Off Your Student Loan Faster With Sallie Mae.
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Student Loans:  The Federal Pell Grant

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What is a The Federal Pell Grant?

A Federal Pell Grant is a grant and not a loan . And therefore, unlike a loan, The Federal Pell Grant does not have to be repaid once you find the Federal Pell Grant. Usually, The Federal Pell Grant is awarded only to undergraduate students who have not yet obtained a bachelor's or professional degree. (A professional degree is usually obtained after a bachelor's degree in a field such as medicine, law, or dentistry.) In some cases, you might receive a Pell Grant for attending a post-baccalaureate teacher certificate program.

Pell Grants are usually a foundation of financial aid, to which aid from other federal and non-federal sources might be added. There many types of free financial aid available too.
 

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