In 2012 Pell Grants were awarded to about 9 million students, at a cost of over $36 billion. Did you know that you don't have to compete for a Pell Grant? The U.S. Dept. of Education receives enough federal funds for all eligible students. To qualify, you simply apply ... and if you can show that your financial need is great enough, you will receive a Pell Grant. That grant may be as much as $5500 in a given academic year. So now is the time to act: check out our article on Pell Grants and get your application in now!