Which of the following is typically a requirement for receiving a Pell Grant?

Having financial need as determined by the FAFSA is a fundamental requirement for receiving a Pell Grant. The Pell Grant program is designed to provide financial assistance to students who demonstrate significant financial need, which is assessed through the information provided on the Free Application for Federal Student Aid (FAFSA).

When a student completes the FAFSA, it generates an Expected Family Contribution (EFC), which reflects the family's financial situation. This EFC is used to determine the student's eligibility for a Pell Grant; generally, the lower the EFC, the higher the financial need, and hence the greater the amount of Pell Grant funding awarded.

In contrast, demonstrating exceptional academic performance, being enrolled in a full-time graduate program, and maintaining a high GPA are not criteria for receiving Pell Grants. The grant is specifically aimed at undergraduate students who require financial support, regardless of their academic performance or enrollment status, as long as they meet the financial need requirement.