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 provides funds for college students. The Pell grant is a federally funded program designed to help students pay for college. Students must apply by filling out the Free Application for Federal Student Aid, or FAFSA, and grants are awarded based on need.tudents can use this money for a variety of purposes, including living expenses such as rent and food. For students living in campus housing, Pell funds can be credited to the studentâs room and board account rather than being returned to them, but students must agree to this in writing.