Basis

• Whether or not a student is eligible to receive a Pell Grant for private school is based solely on their financial need. This is determined based on a student's expected income contribution (EIC) which is derived from the information they entered when completing the Free Application for Federal Student Aid (FAFSA).
  
  

Education Level

• Pell Grants are only available to students who have not completed a bachelor's degree.
  
  

Amount

• The maximum amount of aid a student can receive in one year through the Pell Grant is $5,350. However the maximum isn't guaranteed as the amount can vary based on a student's own financial need and the cost of attendance at the private school.
  
  

Repayment

• Pell Grants are grants, not loans. Students are not required to pay back any part of their Pell Grant.
  
  

Application

• To determine if they are eligible to receive a Pell Grant, students must complete the FAFSA. They can contact the financial aid office at the private school to determine if they qualify and how much they can expect to receive.