An analysis by FinAid shows that:
"An estimated 2.3 million students would have qualified for the Pell
Grant in 2007-08 but did not submit the Free Application for Federal
Student Aid (FAFSA), missing out on thousands of dollars of student
financial aid. Of these, 1.1 million students probably would have
qualified for a full Pell Grant."
Most of the students who miss out on Pell grants appear to be in community colleges.
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