Do I get to keep extra college grant money?

I’ve been awarded a Pell Grant for one semester for tuition at a Texas school. Once the tuition is paid, will I be allowed to keep the remaining amount? What happens to the remaining amount?

Yes, depending on what state you live in, you may get 2 refund checks. At my school, we get the federal refund 15 days after school starts and the state refund comes in October.

Please note, however, not all state grants are refundable.

College Grant Money