… The funds are available to make it possible for students to continue their education beyond high school, even if they and their families cannot meet the full cost of attending college. The basis for such assistance is the belief that the … Admissions Office is up to date. Students must first receive an Award Notification from the Financial Aid Office before they can expect to receive disbursements. Federal Pell Grants are typically paid twice a semester. Other grants, … amounts to U.S. dollars before reporting them. If the contributor(s) are not U.S. citizens or eligible non-citizens, they still need to fill out the financial aid applications. If they live abroad, they can report their income and asset …