Education & Careers » free money

3 Great Things About Free Pell Grant Money

Marcus Varner — Thu, 03 Sep 2009 15:17:18 +0000

If you have been putting off going to college because of financial concerns, now may be the perfect time to get your degree. The government is making it easier to go back to school by putting more money into Pell Grants. As part of President Obama’s $600-billion stimulus package, this free money is more available to students than ever before.

Pell Grants are perfect for people trying to go back to school and watch their budgets. In particular, these grants offer the following benefits:

You never have to pay them back. That’s right. You never have to worrying about accumulating debt with Pell Grants. Once the government sends you your Pell Grant check, you never have to pay them back or pay any interest. After tuition and fees, you can use that cash however you see fit.
They typically cover tuition and more. For full-time students, Pell Grants are typically large enough to pay for tuition, fees, books, and much of your living expenses. This makes it easy for people on a budget to go back to school without dipping into savings. Students can qualify for up to $5,500 in Pell Grants.
They are based on a students’ need. Pell Grants take into account a student’s living expenses, how many credit hours they will take, and how many dependents they are supporting. That means the amount you receive will rise according to your obligations. And any amount not covered by Pell Grant can be made up with low-interest Stafford Loans.

To receive free Pell Grant money, you need to enroll in and register at an accredited university. Once admitted, you can fill out a Federal Application for Federal Student Aid (FAFSA) to find out how much Pell Grant money you will receive.

Are you ready to return to school and get free Pell Grant money? Visit our form to find an accredited school and get enrolled. A financial aid counselor will help you start getting your free money to go back to school.

Stimulus Helping Schools Become More Affordable

adam — Mon, 13 Jul 2009 15:17:13 +0000

If you have been putting off a college education because of money worries, the Obama administration has come to the rescue. The new American Recovery and Reinvestment Act of 2009 sets aside $30 billion to make schools more affordable and $40 billion for state grants. The Obama administration estimates that this money will enable more students to go to school, thus bolstering the American economy.

Students are the first to benefit from this money. The higher education tax credit was bumped up to $2,500 dollars. An additional $17 billion was designated for Pell Grants. The Federal Perkins Loan Program increased to $6 billion in loans every year. Finally, a federal-state partnership supports a $500 million grant program to improve retention and graduation rates.

"This bill alone makes it a very good time to go back to school," says Tony Balmer, an education analyst. "This administration is trying to remove any financial barriers for people wishing to go to school. But this money won’t be out there forever. People need to act soon."

Fortunately, thanks to a growing number of online education options, degree-seekers can take advantage of President Barack Obama’s stimulus bill without leaving their jobs. Sites like ClassesandCareers.com have helped nearly 500,000 degree-seekers get their stimulus money and enroll in online universities.

"We help people learn how to take advantage of this bill," says Janet Hill, an education advisor at ClassesandCareers.com. "All they have to do is visit our site and fill out the form. We guide them through the rest."

"If you have the desire to get a degree, now is the time to act on that desire," says Hill. "The money is available." Visit ClassesandCareers.com and fill out the form. An education advisor will help you get your share of the stimulus money and find the best degree program for you.

Low income? Stimulus will pay for you to go to school

adam — Fri, 10 Jul 2009 20:52:31 +0000

By now, everyone knows that the Obama administration’s stimulus bill is designed to get the economy moving again. However, you may not know that most of the bill’s $70 billion for education will go to low- to middle-income individuals.

A major part of the bill is a $13.8 billion tuition tax credit boost called the American Opportunity Tax Credit. This tax credit reimburses 100 percent of the first $2,000 of educational expenses for lower income students. For the next $2,000, students will receive a 25 percent reimbursement. In short, lower income students will receive $2,500 in education reimbursements per year.

The bill also features other benefits for low-income students. Families that do not earn enough to pay income taxes can receive a $1,000 education refund.

“These kinds of incentives from the government don’t come along very often,” says Janet Hill, financial aid and education counselor at ClassesandCareers.com, a free online education service. “If people have been thinking of going back to school, now would be the time to do it. If they are hurting financially, they can easily get the money they need to get a degree.” These benefits are set to expire after the 2010-2011 school year.

Fortunately, thanks to a growing number of online education options, degree-seekers can take advantage of President Barack Obama’s stimulus bill without leaving their jobs. Sites like Classes and Careers.com have helped nearly 500,000 degree-seekers get their stimulus money and enroll in online universities.

“We help people learn how to take advantage of this bill,” says Hill. “All they have to do is visit our form and fill it out. We guide them through the rest.”

Have you been putting off a college education because of lack of money? Now is the time to get the money you need. Visit ClassesandCareers.com and fill out their form. An education advisor will help you get your share of the stimulus money and find the best degree program for you.