What is one main criterion used to determine Pell Grant eligibility?

Get ready for the NASFAA Student Eligibility Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Prepare effectively today!

Pell Grant eligibility is primarily determined by a student's financial situation, specifically their exceptional financial need. This financial need is assessed through the Free Application for Federal Student Aid (FAFSA), which gathers information about the student's family income, assets, and household size. Based on this information, the Expected Family Contribution (EFC) is calculated, and students with a low EFC are considered to have exceptional financial need, thereby qualifying them for Pell Grants. This federal aid is intended for undergraduate students who demonstrate significant financial hardship, making option B the clear criterion for eligibility.

In contrast, enrollment in a graduate program is not applicable, as Pell Grants are typically reserved for undergraduate students. Previous academic performance does not directly affect eligibility since financial need is the central criterion. Commitment to community service, while beneficial and often encouraged, does not factor into Pell Grant qualifications. The focus is instead on ensuring that financial barriers do not prevent students from pursuing their education.

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