How to Get Refund Pell Grants for Textbooks


Pell Grants are federal grants awarded to student who demonstrate financial need. You can apply for a Pell Grant by completing a Free Application for Federal Student Aid. Pell Grants are designed to help with tuition and related expenses, which can include housing, textbooks and other supplies.

You will not receive a refund specifically for your books, but you will receive any money left over after all tuition and required fees have been paid to the school.

Pell Grants

Pell Grants are awarded to low-income students. There are no restrictions for how you use the Pell Grant.

The amount of your grant is based on your financial need and the cost of tuition.

For the 2013-2014 school year, the maximum Pell Grant award was $5,635 for full-time enrollment.

The amount is divided between the fall and spring semesters.

Funding for Pell Grants is not limited to a certain number of recipients.

If you are eligible for the grant, you will receive it, regardless of how many others also qualify.

Book Advances

Pell Grants are generally not paid until after the school semester begins.

Depending on the school, students may not receive funds until several weeks after classes start.

If you need money for books, contact the school to inquire about receiving a book advance or book voucher.

If you are approved for financial aid, the school may allow you to borrow from your anticipated financial aid award.

Your school will likely have specific guidelines and requirements for requesting an advance. Inquire as early as possible to avoid missing deadlines.

Refunds

After your tuition and fees are deducted from your financial aid, you will receive a refund for the excess grant and loan funds.

Refunds are generally mailed in the form of a check or direct deposited into your bank account.

To ensure students receive the correct amount of aid for the number of credit hours they are taking, the school may not disburse awards until you can no longer add or drop courses for the semester.

Some schools may hold financial aid refunds for longer periods of time.

If you have questions about your disbursement, contact your school's financial aid office.

Reimbursements

If you paid tuition before your financial aid was processed for the semester, you will be reimbursed your up-front expenses.

Your award will still be calculated based on your financial need and cost of attendance for your school.

However, instead of deducting the tuition and fees from your awards, you will receive a reimbursement.

Renting Books

If you need your books and cannot access your Pell Grant early, consider renting your books.

You can contact your school bookstore or online marketplace to inquire about textbook rental programs.

You will have to return the books at the end of the semester, but you will save money up-front.

Read more here to learn all about how to make a budget and save money so that you can free yourself from financial stresses in life.

Click here to post comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Money Matters.

"Power Tips" magazine is back!
You Get A Free Complete Self Help Report delivered to your email box every edition, plus you get a free PLR article and other great gifts!

SUBSCRIBE BELOW ...  I promise you will want to USE what you learn!

I really want to know what you think of this site, this page, and to hear your tips or suggestions about it.

So please share your story or simply add a Comment in the comment box.

If you feel that the information on this page has been useful to you please give it a Like or share it with your friends - thanks!!

"You are a life Saver!!

I recently discovered this site and I can tell you that my life has not been the same. I now come here EVERYDAY and spend at least 1 hour.

I used to spend that time browsing online fashion and beauty magazine which just means that I spend more. Now I have replaced that habit with coming here.

In future I will think about contributing articles as well. Thank you! Thank you!! Thank you!!! and God bless"

Contact Us | About Us | Terms of Use | Privacy Policy | FAQ | Testimonials

Amazon and the Amazon logo are trademarks of Amazon.com, Inc. or its affiliates. As an Amazon Associate I earn from qualifying purchases. Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.