-- Posted by hI jAMES at 3:35 pm on Mar. 31, 2008 I got a federal pell grant for almost $4000 but my tuition for my first year of college will only be maybe $2000 if that.  What does this mean?  I haven't received the money or anything. -- Posted by dreamweaver at 9:33 pm on April 2, 2008 That's actually really, really good. I think (not sure) they send the money to the school, and when the dates to drop/add classes pass, usually the school mails you the overpayments. Not sure about that so I reccommend talking with the bursars office about that to make sure what they do. If that is the case and you get a $2000 check because of it... I would honestly put it in the bank and use for books and such that is only school related. You might need it later for something.