What are Federal Pell Grants accepted by universities like Yale? From award amount to eligibility, everything you need to know

The Federal Pell Grant is a need-based financial aid program for U.S. students pursuing higher education. It doesn’t require repayment except under specific circumstances like early withdrawal or enrollment changes. Eligible students must submit the FAFSA annually to determine eligibility. Prestigious universities like Yale and MIT accept this grant, making education more accessible for students.