<p>giving a shameless pluk to barkowitz who posted this on the FA board.</p>
<p>He wrote:</p>
<p>In short, we are matching the Pell Grant for students who receive a Pell, meaning that for a family with Pell Grant, there are less loans and work as part of the financial aid package. And since we added the ability for Summer Contributions to be covered by outside scholarships, for students who arrive with Pell and outside funding, it is possible for them to have no loans, no work expectation, no summer contribution, and all grant.</p>
<p>He also talks more about the program on his blog:</p>
<p><a href=“http://daniel.mitblogs.com/archives/2006/08/dont_miss-pell.html[/url]”>http://daniel.mitblogs.com/archives/2006/08/dont_miss-pell.html</a></p>