of federal student aid that are available, how to apply for aid, important deadlines to remember, some tips for what to do and what not to do, and more! Myths and Facts About Federal Student Aid MYTH: Adult students fall outside the age requirements to receive federal student aid. FACT: There is no age limit. Almost everyone is eligible for. Here are some options about grants for adult students. The Federal Pell Grant The Federal Pell Grant is one of the most common grants that students receive to attend college. It is accessible to all students regardless of age, grads, or income, so all are encouraged to apply.
Mar 20, · Pell is perhaps the largest government grant option available to college students. These monies are granted by the federal government and do not have to be repaid. For the school year, the value of the federal Pell grant was $5, In order to qualify annually for a Pell grant, you must be working toward a degree/5(2).