Pell grant is mainly awarded to the students that help them to pursue their higher studies but they have to check pell grant eligibility. It is not a kind of loan and it is not required to pay back the same. The purpose of pell grant is to help those students who cannot afford for their college education. You should apply every year and you are an undergraduate because you need to check pell grant eligibility. The very first step is filling out all required Education application form and these are generally known as FAFSA. You can find the details about same on their website. You should answer all of their questions so that you can check whether you are eligible or not. You can also get additional type of grant or funding with the help of federal government. Once your form is submitted you will get notification in email or via post. This can show your eligibility about the grant.