Which statement about the Pell Grant is accurate?

Which statement about the Pell Grant is accurate?

• A. It is a need-based grant that does not need to be repaid
• B. It is a loan that must be repaid with interest
• C. It is available only to international students
• D. It covers all tuition costs regardless of need

Answer: (A)

Pell Grants are federal aid awarded to undergraduate students based on demonstrated financial need, as determined by the FAFSA, cost of attendance, and enrollment status. Because they are grants, they do not have to be repaid, unlike loans. They are not available to international students, and the amount awarded doesn’t automatically cover all tuition—it's determined by need and other factors and often covers only a portion of costs. So, the statement that best describes the Pell Grant is that it is a need-based grant that does not need to be repaid.

Pell Grants are federal aid awarded to undergraduate students based on demonstrated financial need, as determined by the FAFSA, cost of attendance, and enrollment status. Because they are grants, they do not have to be repaid, unlike loans. They are not available to international students, and the amount awarded doesn’t automatically cover all tuition—it's determined by need and other factors and often covers only a portion of costs. So, the statement that best describes the Pell Grant is that it is a need-based grant that does not need to be repaid.