Pell Grant???

[RachelB]

Hi,

                      If you receive a Pell Grant for $7,000,
                      But your college costs are say $4,000,
do you keep the extra $3,000 for Housing, and other expenses like computers?

THANK YOU!!!

You can, just be aware that if you use pell money on anything that is not a qualifying education expense, it is taxable income.