Federal Pell Grant Program

 

To provide eligible undergraduate postsecondary students who have demonstrated financial need with grant assistance to help meet educational expenses.

Active 84.063 Federal Student Aid, Department of Education C - Direct Payments For Specified Use Fiscal Year 2016 Approximately 7,679,000 recipients are expected. Approximately 7,213,000 recipients were expected.
Fiscal Year 2017 Approximately 7,168,000 recipients are expected.
Fiscal Year 2018 Approximately 6,557,000recipients are expected.
Fiscal Year 2023 Approximately 6,073,000 recipients are expected.
Fiscal Year 2024 Approximately 6,770,000 recipients are expected. Higher Education Act of 1965, Title IV, Part A, Subpart 1, as amended. Undergraduate students and students pursuing a teaching certificate enrolled as regular students in an eligible program at an eligible institution of higher education and making satisfactory academic progress. The applicants must be U.S. citizens or eligible noncitizens and have a high school diploma (or its equivalent); or, for students enrolled prior to July 1, 2012, a demonstrated ability to benefit from the program offered; or, have successfully completed six credits. Undergraduate students and students pursuing a teaching certificate that are U.S. citizens or eligible noncitizens and meet financial need criteria. Students must be: regular students in an eligible program and enrolled in institutions of higher education, making satisfactory academic progress. Incarcerated students, except those incarcerated in local penal facilities, are ineligible. Students must sign a statement of educational purpose, not owe a refund on a Title IV grant, and not be in default on a Title IV loan. Eligible males that are at least 18 years old and born after December 31, 1959, can receive aid only if they have registered with the Selective Service. Not applicable. Preapplication coordination is required. Preapplication coordination is required. Environmental impact information is not required for this program. This program is excluded from coverage under E.O. 12372. 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. Student completes a "Free Application for Federal Student Aid" and submits it to the agency specified on the form. Students may apply using a paper application, an electronic application, or via the Internet. The Department of Education calculates the student's financial eligibility for assistance and the agency to which the student sent the application returns a notification to the student of his or her eligibility for assistance. The student submits this notification to the institution of his or her choice in order to have his or her award calculated. Institutions act as disbursing agents for the Department of Education. The institution that the student attends calculates and disburses the Federal Pell Grant, using a payment schedule developed by the Department of Education that determines the amount of the award based on the student's expected family contribution, cost of attendance, and enrollment status. Contact the headquarters or regional location, as appropriate for application deadlines From 15 to 30 days. An institution, on the basis of supplemental documentation, may rule that an applicant is self-supporting, even though under the standard criteria, the applicant would normally be considered financially dependent on his or her parents. An institution may adjust on a case-by-case basis a student's data elements used to calculate his or her EFC and cost of attendance due to unusual circumstances documented by the institution. Students who have applied in the previous award year may be eligible to complete a paper or electronic renewal application which contains preprinted student data and requires students only to update certain information. However, eligibility is still annually determined. The Expected Family Contribution formula is set forth in Part F of the Higher Education Act of 1965, as amended. The student must be a U.S. citizen or eligible noncitizen who has been accepted for enrollment in, and is making satisfactory academic progress at an eligible institution of higher education. Eligible schools may be public or private nonprofit institutions of higher education, (such as colleges, universities, vocational-technical schools, hospital schools of nursing), and for- profit institutions (proprietary). Eligible males who are at least 18 years or older and born after December 31, 1959, can receive aid only if they have registered with the Selective Service. Graduate students and students who have already earned a bachelor's degree are not eligible for assistance, except those enrolled in an eligible program leading to a professional certification in teaching. Applicants must demonstrate need according to Part F of the Higher Education Act of 1965, as amended. Not applicable. In accordance with the provisions of 2 CFR 200, Subpart F - Audit Requirements, non-Federal entities that expend financial assistance of $750,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Non-Federal entities that expend less than $750,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in 2 CFR 200.503. All records pertaining to the eligibility of each Federal Pell Grant recipient and all fiscal management records must be maintained by the institutions for a period of 3 years or until an acceptable audit has been completed, whichever is later. Selected students will have the information on their applications verified. Statutory Formula: Title IV Part F

Matching is voluntary. Federal Pell Grant eligibility determinations are based on Part F of the HEA, as amended. This national need analysis formula determines financial eligibility for Federal Pell grants and other Federal student aid and is applied uniformly to all applicants. This formula determines a student's "expected family contribution" (EFC). The fundamental elements of this need analysis formula are the parents' and/or the student's income and assets (excluding home), the family's household size, and the number of family members attending postsecondary institutions. The EFC is determined as the sum of: (1) A percentage assessment of net income (remaining income after subtracting allowances for basic living expenses) and (2) a percentage assessment of net assets other than a home (remaining assets after subtracting an asset protection allowance).

MOE requirements are not applicable to this assistance listing. Students are able to receive one Federal Pell Grant during any award year (July 1 through June 30). Funds for the Federal Pell Grant are usually disbursed at least twice during an award year. Beginning with the 2017–2018 award year, students can receive Federal Pell Grant funds for up to 150 percent of the student’s Federal Pell Grant scheduled award for an award year. To be eligible for the additional Federal Pell Grant funds, the student must be otherwise eligible to receive Federal Pell Grant funds for the payment period and must be enrolled at least half-time in the payment period(s) for which the student receives the additional Federal Pell Grant funds in excess of 100 percent of the student’s Federal Pell Grant scheduled award. Students may only receive a Federal Pell Grant until they have received a bachelor's degree. See the following for information on how assistance is awarded/released: Electronic transfer. Electronic transfer. Federal Student Aid Information Center. Telephone: 1-800-433-3243. Regional Director, Federal Student Aid, the Director of Student Financial Aid at the institution the student wishes to attend, high school guidance counselors, or directors of State agencies. Federal Student Aid Information Center
Federal Student Aid (FSA), Department of Education, P.O. Box 84,
Washington, DC 20044-0084 US
studentaidhelp@ed.gov
Phone: (800) 433-3243 http://www.ifap.ed.gov 91-0199-0-1-502 (Direct Payments for Specified Use) FY 22$26,618,505,000.00; FY 23 est $29,805,635,000.00; FY 24 est $38,053,150,000.00; FY 21$26,400,480,000.00; FY 20$27,133,485,000.00; FY 19$28,246,635,000.00; FY 18$28,026,215,000.00; FY 17$29,031,160,000.00; FY 16$26,861,935,000.00; - For FY 2022, grants ranged from $692-$6,895; the average grant was estimated at $4,512. For FY 2023, grants will range from $750-$7,395; the average grant is estimated at $4,908. For FY 2024, grants will range from $821-$8,215; the average grant is estimated at $5,621. The Federal Pell Grant Expected Family Contribution formula is set forth in Part F of the Higher Education Act of 1965 as amended. Regulations governing administration of the Pell Grant Program are found in 34 CFR 600, 668, and 690. The Student Guide; Free Application for Federal Student Aid (no charge); "The Expected Family Contribution Formula Guide"; "The Federal Student Aid Handbook." Not applicable.