Because the U.S. Department has changed the way it calculates eligibility for Pell Grants, more than one million low-income students may face reductions in their federal aid.

It is estimated that, with these new calculations, about 1.2 millions students would receive reduced Pell grants and about 90,000 would lose Pell Grant eligibility entirely.

Tip:  If you're worried about how you can pay for college, be sure to check out the financial aid programs identified in Reference Service Press's line of award-winning financial aid directories for undergraduates, particularly Kaplan Scholarships.