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When you complete your FAFSA, the federal processor determines your eligibility using a number of factors. Basically, your FAFSA calculates whether or not you are eligible for grants. If you are eligible for Pell grant, your FAFSA also determines the amount of funding you receive.

Pell Grants are awarded usually only to students who have not earned a bachelor's or a professional degree. To be eligible for a Pell grant, you must also meet the general federal student aid eligibility requirements.

You can receive the Federal Pell Grant for no more than 12 semesters or the equivalent (roughly six years). You'll receive a notice if you're getting close to your limit. If you have any questions, contact your financial aid office .

The most recognized and accepted type of accreditation in the United States is regional accreditation. Generally, college credits or degrees received at a regionally accredited institution are accepted by other regionally accredited colleges or universities (non-regionally accredited programs are not as accepted)

Both federal and state governments give grants. To apply for government grants, complete and submit the Free Application for Federal Student Aid (FAFSA).

No - the FAFSA covers all state, institutional, and federal grants. You should complete your FAFSA early (before January 1, the 1st priority deadline or by March 1st, the 2nd priority deadline), since some grants are distributed on a first come, first served basis.