About Pell Grant Debit Cards

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Pell grant debit cards are available to students whose tuition and fees are less than what the grant covers, and the school puts the leftover funds onto a debit card for the student's use. Learn about Pell grant debit cards with information from an experienced financial aid officer of a university in this free video on education.

Part of the Video Series: Educational Grants & Financial Aid
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Video Transcript

Hi, my name is Brooke Kramer and I'm the financial aid officer at Argosy University in Salt Lake City and today we're going to talk about Pell Grant Debit Cards. Now this is kind of a general term because you can receive a Pell Grant in multiple forms. The first way Pell money comes is to the school directly from your lender or from the government. This funds are, first taken care of your tuition and fees will be automatically deducted from it. Now if there is a leftover amount of that Pell money then that can come to you in multiple ways. One way might be a debit card based on how the school gives out surpluses of funds. Now in most universities they usually do it through electronic transfers, through checks, or again through debit cards. Once you do receive these leftover funds it's important that you use it only for school related expenses, which include living expenses, school supplies, computers, that kind of stuff. If you have additional questions regarding Pell Grant you can visit our website at www.argosy.edu


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