Definition of 'pip'. pip (pÉªp ) Pips are the small hard seeds in a fruit such as an apple, orange, or pear. If someone is pipped to something such as a prize or an award, they are defeated by only a small amount.
A Pell Grant is generally considered the foundation of a student's financial aid package, to which other forms of aid are added. The Federal Pell Grant program is administered by the United States Department of Education, which determines the student's financial need and through it, the student's Pell eligibility.
The Pell Grant is a need-based federal grant for low-income students who require financial support to pay for college. Pell Grants are awarded to undergraduate students who have not received their first bachelorâs degree and to some students who are enrolled in qualifying post-baccalaureate programs.