Pell Grants are solely need-based grants, so the amount awarded is determined based on the student’s financial standing and enrollment status. After you’ve filled out your FAFSA, received an aid offer from your school, and informed your school about which financial aid you want to accept, you are ready to receive your Pell Grant. For more information on Pell Grants, the FAFSA, and more student aid options, go to the official website of the U.S. Department of Education’s Federal Student Aid Office.