QQuestionEducation
QuestionEducation
What is the difference between Pell Grants and TEACH Grants?
A. TEACH Grants are need-based while Pell Grants are career-based.
B. Pell Grants are need-based while TEACH Grants are career-based.
C. Pell Grant recipients are not eligible for ACGs, while TEACH Grant recipients are.
D. Pell Grants are privately awarded while TEACH Grants come from the government.
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Answer
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Step 1: Understand the nature of Pell Grants and TEACH Grants
Pell Grants are need-based federal grants awarded to undergraduate students who display exceptional financial need to help cover the costs of their education. The amount of the grant is determined by the student's Expected Family Contribution (EFC), cost of attendance, and enrollment status.
Final Answer
Pell Grants are need-based federal grants awarded to undergraduate students who display exceptional financial need to help cover the costs of their education. The amount of the grant is determined by the student's Expected Family Contribution (EFC), cost of attendance, and enrollment status.
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