The Pell Grant is an entitlement program available for those who need it to attend a post secondary educational institution. The amount of the Pell Grant entitlement is determined on the basis of the cost of education at the institution attended and the actual number of credits for which the student is enrolled. Students can reapply annually for Pell consideration. All students receive a copy of The Student Guide for Financial Aid, which is distributed by the U.S Department of Education.