how much is the least i can make in a year in order to be eligable for 100 percent of pell grant?

Question

for an independant student.

Answer 1

It depends on your age, how much money you make, and your marital status.. IF you are 24 and under.. if doesnt matter if you live alone away from your parents.. fasfa still needs your parents info.. at least one parent unless your parents are dead. I had this problem with a friend who didnt live with her mom but her mom made good money and fasfa based and lowered the amount she should have gotten..

Answer 2

It's not just your income (unless you're an independent student, i.e., living on your own and fully supporting yourself), the incomes of your parents will also be taken into consideration.
I don't know any magic formula for the Pell Grant, but the FAFSA (the federal form you must fill out which is a summary of your (and your parents') financial situations) has an overall formula which takes into account each answer on the multi-page form. You have to provide info from your and your parents' last federal income-tax returns, along with other info on your financial holdings. Then you get back an SAR, which is another form that indicates, based on your FAFSA, what grants (if any) you might be eligible for and a figure that they estimate the family should contribute towards your tuition and fees. (I think no family ever agrees with this estimate.)
Mostly everyone can qualify for student loans and (for your parents, PLUS loans) for your tuition and fees, but they are, after all, loans. You have to show an obvious financial need to get a Pell Grant, which you probably know you do not have to pay back.
I'd advise you to get a copy of the FAFSA and instructions on line (I think it's www.fafsa.gov) well before you have to file it. It does take quite a bit of time to wade through it and come up with all the figures you need. And I'd also recommend that you file it as soon as you possibly can. If you are eligible for any grants, they caution that that's a first-come, first-served deal, and - you snooze, you lose!
Good luck.

Answer 3

I only know that parents of a Pell Grant recipient can only earn $35,000. I'd think that your income would be factored into that figure. So . . . either ask your parents their income, or check out there income tax form for this information then you will know exactly how much you can earn.