Federal Pell Grant
The Federal Pell Grant provides undergraduate students with assistance in meeting the cost of attendance at eligible public and private post-secondary institutions. It is funded through the Federal Government on the basis of need. The Pell Grant is money that does not have to be repaid.
Availability
Federal Pell Grants are available to students pursuing their first undergraduate degree. You may not receive Federal Pell Grant payments for the same term from more than one institution, even if enrolled part-time at each institution.
Awards
Federal Pell Grant award amounts are subject to annual congressional appropriations.
The amount of your Federal Pell Grant will be prorated if you are enrolled for fewer than 12 credit hours per semester.
The amount of Federal Pell Grant funds a student may receive over his or her lifetime is limited by federal law to be the equivalent of four years of full-time enrollment (including summer). Since the maximum amount of Pell Grant funding a student can receive each year is equal to 150% if enrolled full-time in fall, spring, and summer terms, the equivalent is 600% (referred to as the Lifetime Eligibility Used (LEU) percentage). To see your LEU percentage you can log on to the Federal Student Aid website using your FSA ID, and under “My Info” select “My Aid”.
Eligibility
Eligibility for the Federal Pell Grant is based upon the results of your FAFSA. Apply online at studentaid.gov.
The amount of Federal Pell Grant funds disbursed is based on the student’s enrollment level as of the end of the 5th day of the semester.