Pell Grant facts:
- gift aid (does not have to be repaid)
- funded by the federal government
- ranges from a minimum of $326 per semester ($652 per year) to $3,047 per semester ($6,095 per year)
- awarded fall and spring semesters*
- award letters are emailed containing full-time award
- supplements other aid
- a maximum grant for fall 2018 semester is awarded as follows:
- 12 credit hours: $3,048
- 9 — 11 credit hours: $2,286
- 6 — 8 credit hours: $1,524
- 1 — 5 credit hours: $762
If you are not receiving a full Pell grant, you can calculate your amount by taking ¾ of your total Pell for 9 – 11 credit hours, ½, of your total Pell for 6 – 8 credit hours, or ¼ of your total Pell semester award for 1 – 5 credit hours.
Year-Round Pell Grants
An eligible student may now receive a full Federal Pell Grant for summer 2019 even if they received a full Federal Pell Grant during the fall and spring semesters. Year-round Pell (video) allows students to receive up to 150 percent of a regular grant award over the course of the academic year so that they can continue taking classes in the summer and finish their degrees faster than they would otherwise. With careful planning, Pell Grant recipients may take advantage of this new regulation to earn their degree faster.
Note: The provisions of the new law state that any Pell Grant received will be included in determining the student’s Pell Grant duration of eligibility and Lifetime Eligibility Used (LEU). To be eligible for additional Pell Grant funds:
- student must be otherwise eligible to receive Pell Grant funds for the payment period
- student must be enrolled at least half-time in the payment period(s) (6 credit hours) during the summer term
- student must be maintaining satisfactory academic progress
Pell Grant requirements:
- demonstrated financial need
- be a U.S. citizen or eligible non-citizen
- hold a high school diploma or GED certificate
- be enrolled for 1 credit minimum in an eligible program consisting of at least 16 hours
- NOT have a bachelor's degree
- make Satisfactory Academic Progress
Lifetime Pell Grant eligibility:
The amount of Federal Pell Grant funds you may receive over your lifetime is limited by a new federal law to be the equivalent of six years of Pell Grant funding. Since the maximum amount of Pell Grant funding you can receive each year is equal to 100%, the six-year equivalent is 600%.
The maximum of Federal Pell Grant funding you can receive is calculated for an award year. An award year is a period from July 1 of one calendar year to June 30 of the next calendar year. Your scheduled award represents 100% of your Pell Grant eligibility for that award year if you are enrolled full-time.
To determine how much of the maximum six years (600%) of Pell Grant you have used each year, the U.S. Department of Education compares the actual amount you received for the award year with your scheduled award amount for that award year. Of course, if you receive the full amount of your scheduled award, you will have used 100%. It is possible that you might not receive your entire scheduled award for an award year. There are a number of reasons for this, the most common of which are that you are not enrolled for the full year or that you are not enrolled full-time, or both.
If you did not receive the full amount of your scheduled award, we calculate the percentage of the scheduled award that you did receive. For example, if your scheduled award for an award year is $5,000, but because you were enrolled for only one semester you received only $2,500, you would have received 50% of the scheduled award for that award year. Or if you received only $3,750 for the award year because you were enrolled three-quarter-time and not full-time, you would have received 75% for that year.
Lifetime Eligibility Used (LEU): The U.S. Department of Education keeps track of your lifetime eligibility used by adding together the percentages of your Pell Grant scheduled awards that you received for each award year. Since the maximum amount of Pell Grant funding you can receive each year is equal to 100%, the six-year-equivalent is 600%. If your lifetime eligibility used equals or exceeds 600%, you may no longer receive Pell Grant funding. Similarly, if your lifetime eligibility used is greater than 500% but less than 600%, while you will be eligible for a Pell Grant for the next award year, you will not be able to receive a full scheduled award.
You can log in to National Student Loan Data System (NSLDS®) using your FSA ID and view your lifetime eligibility used. The lifetime eligibility used will be found on the Financial Aid Review page.
How to apply for a Pell Grant:
If students do not enroll or choose to attend less-than-full-time, unused funds from that semester can be awarded in summer up to the student's eligibility amount.
Pell Grants for Dependents of Veterans
The Higher Education Opportunity Act of 2008 grants an automatic zero EFC for the Pell Grant Program ONLY to Pell Grant eligible students whose parent or guardian was a member of the Armed Forces and died in Iraq or Afghanistan after September 11, 2001.
A student must have been twenty-four years of age or less or enrolled at least part-time at an institution at the time of the parent's death. Legislators do not believe that this should be an additional question on the FAFSA, rather the Secretaries of Defense and Veterans Affairs should provide the Secretary of Education with the information necessary to determine which students meet the requirement. Because the question is not on the FAFSA, students will need to notify the Financial Aid Office concerning their eligibility for this additional benefit.