Federal Pell Grants are financial aid awards provided by the U.S. government to help low-income students pay for college. Unlike loans, these grants do not need to be repaid, making them a valuable resource for those pursuing higher education. Eligibility is determined based on the student's financial need, which is assessed through the Free Application for Federal Student Aid (FAFSA). The amount awarded can vary each year, depending on factors such as the student's financial situation and the cost of attendance at their chosen institution. Pell Grants can be used for various educational expenses, including tuition, fees, and books.