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Unused Pell Grant Money: Where Does It Go? (Refunds Explained)

Unused Pell Grant Money: Where Does It Go? (Refunds Explained) The federal government has distributed Pell Grants to students in need for over 50 years, an alternative to private loans. When students fill out the Free Application for Federal Student Aid (FAFSA), the Department of Education (DOE) determines the student’s eligibility for the program. Then, …