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 deciding factor in Pell Grant eligibility is accreditation. Pell Grants will only be awarded to students at accredited universities or colleges. Students must also be working toward a bachelorâs degree; Pell Grants are not available for online masters or doctoral programs, even if they are accredited.rants and scholarships are obviously preferable to loans if you are going to seek financial aid. You do not need to pay these monies back, and you can use them for a variety of educational purposes including tuition, books, and living expenses. However, not all grants or scholarships are available at all schools.