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Calculating Pell Grants | 2024-2025 Federal Student Aid Handbook Pell Grant Scheduled Awards are based on information provided on the FAFSA form, the presence of a valid Student Aid Index (SAI) on the student’s FAFSA Submission Summary or ISIR, the academic year structure (see Volume 3, Chapter 1), and the Pell Grant cost of attendance (COA) for a full-time student for a full academic year (see Volume 3, Chapter 2)
Student Eligibility for Pell Grants | 2024-2025 Federal Student Aid . . . If a Pell-eligible student withdraws from one institution but meets one of the Return of Title IV Funds (R2T4) withdrawal exemptions and subsequently enrolls at a different institution during the same payment period, the new institution can award Pell Grant funds for any remaining portion of the overlapping payment period See Chapter 6 of this
Student Aid Index (SAI) and Pell Grant Eligibility SAI for Maximum Pell Grant Recipients A dependent student whose parents are not required to file a federal income tax return OR an independent student (and spouse, if applicable) who is not required to file a federal income tax return for the prior-prior tax year is assigned an SAI equal to -1500
The Federal Pell Grant Program | 2024-2025 Federal Student Aid Handbook Chapter 1 discusses the sunset of the Iraq and Afghanistan Service Grant (IASG) program as a separate grant program It further describes the eligibility criteria for dependents of certain deceased veterans and public safety officers for the maximum Pell Grant under the Special Rule in HEA Section 401(c)
2025-2026 Federal Pell Grant Maximum and Minimum Award Amounts (Updated . . . Under section 401(a)(2)(F) of the HEA, as amended, the minimum Pell Grant award is ten percent of the maximum award amount for the award year Further, under section 401(b)(1)(B)(ii), Federal Pell Grant awards should be rounded to the nearest $5 Therefore, the Federal Pell Grant minimum award amount for 2025-2026 is $740
Pell Grant Lifetime Eligibility Used (LEU) | 2024-2025 Federal Student . . . A student’s Pell Grant LEU can limit the student’s Pell Grant eligibility for an award year For example, since the maximum LEU is 600%, if a student’s Pell Grant award originally was calculated based on an LEU of 550%, then that student’s award would be limited to 50% of the Scheduled Award
Grants and Programs | U. S. Department of Education From Pell grants to federal work study programs, learn how to find money to pay for a student’s higher education Find money for college Grants for Birth to Grade 12
Volume 7 The Federal Pell Grant Program - FSA Partner Connect Chapter 2 includes descriptions of the three ways a student may qualify for a Pell Grant starting with the 2024-25 award year: Maximum Pell Grant (Max Pell) Minimum Pell Grant (Min Pell) Calculated Pell Grant, based on the Student Aid Index (SAI) This chapter also discusses the elimination of the Pell Grant Payment and Disbursement Schedules
Pell Grant Enrollment Intensity and Cost of Attendance The school disburses the fall semester Pell Grant award of $3,750 In the spring semester, the student drops to 5 credits, which is less-than-half-time and equal to 42% enrollment intensity The COA is also reduced, as less-than-half-time enrollment means that not all the previously included COA elements may be included in the student’s
Calculating Pell Grants | 2023-2024 Federal Student Aid Handbook The maximum Pell Grant award for 2023-2024 is $7,395 (see the “Year-Round Pell and Iraq and Afghanistan Service Grant” section in Chapter 5 of this volume on how a student may be eligible to receive up to an additional 50% of their scheduled award) The maximum eligible EFC for the 2023-2024 award year is 6656