A Federal Pell Grant is what every incoming student wants: a student loan that never has to be repaid. Gift loans are the best way to pay for college. However, Pell Grants are not as beneficial as a scholarship that pays tuition outright. A Pell Grant will only be $4,000–obviously a hefty sum, but it still might fall short of all college expenses. For this reason, Pell Grants are often combined with other types of financial aid opportunities. […]