What Is the Diffrence between the Federal Pell Grant and a Stafford Loan?

Answer

The difference between the Federal Pell Grant and a Stafford Loan is that the grant is a gift of funds towards going to school. The Stafford Loan is a loan and the money that is given to you towards school will have to be paid back with interest. Loan payments begin once you have left or graduated from college or university.
Q&A Related to "What Is the Diffrence between the Federal Pell..."
Repayment A big difference between the two types of assistance is the repayment requirements. Pell grants do not have to be repaid; they are a direct grant of money to the student
http://www.ehow.com/how_5003900_federal-pell-grant...
A grant doesn't have to be paid back.
http://wiki.answers.com/Q/What_are_the_differences...
You can get up to cost of attendance so that is tuition, housing (yes, your own house) transportation, books, and personal expenses. Whatever that amount is that can award up to that
http://answers.yahoo.com/question/index?qid=201205...
Which of the following would most likely to have a variable interest attached to it? a. federal student loan B.federal private
http://www.chacha.com/question/which-of-the-follow...
Explore this Topic
The Federal Pell Grant is money given to your school by the government for your education that you do not usually have to pay back. While a Stafford Loan, both ...
The Federal Pell Grant and the Stafford Loan are two of the most popular ways for any U. S. citizen to pay for a college education. To qualify for a Pell Grant, ...
The difference between a federal Pell Grant and a Stafford loan is that the loan has to be paid back once the student stops attending school. Grants are free ...
About -  Privacy -  AskEraser  -  Careers -  Ask Blog -  Mobile -  Help -  Feedback © 2014 Ask.com