<p>I visited a Pell grant eligible website (estimates grant based on COA and efc). I put in an efc of 5080 and a COA of $10,000. This financial situation would make the family Pell grant eligible. A family with a household income of $53,046 could easily have an efc of 5080. I thought Pell grant eligible students were considered poor.</p>
<p>Yet the median household income in the US is $53,046. What am I missing?</p>
<p><a href=“http://www.collegeloanconsultant.com/pell-grant-calculator.html[/url]”>http://www.collegeloanconsultant.com/pell-grant-calculator.html</a></p>