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31 Ιαν 2024 · Therefore, the Federal Pell Grant minimum award amount for 2024-2025 is $740. As a reminder, the FAFSA Simplification Act changed the process for determining the amount of a student’s Scheduled Pell Grant award.
25 Αυγ 2023 · Use the U.S. Federal Poverty Guidelines Used to Determine Financial Eligibility for Certain Programs for the prior-prior tax year (e.g., for the 2024–25 award year, use the 2022 poverty guideline) by state of legal residence to determine a student’s eligibility for Max or Min Pell.
Look up our Pell Grant chart for eligibility and payment schedule here. Figure out what amount you can get for your Pell Grant and learn how to apply.
25 Αυγ 2023 · This volume was new to the Federal Student Aid Handbook for 2023–24 and is now updated based on the changes to the Pell Grant program mandated by the FAFSA Simplification Act, which go into effect for the 2024–25 award year. Chapter 1: Pell Grant Award Eligibility. Chapter 2: Calculating Pell Grants.
2023‐2024 Pell Chart. Expected Family Contribution (EFC) Full-Time per semester (12+ hrs) 3/4-Time per semester (9-11 hrs) Half-Time per semester (6-8 hrs) Less Than Half-Time per semester (1-5 hrs) Amount available for entire year (Fall - Summer)
The maximum amount of money you can get from a Pell Grant is: $7,395 (2024–25). The amount granted depends on your Student Aid Index (SAI), cost of attendance, your status as a full-time or part-time student, and your plans to attend school for a full academic year or less.
Every year, the federal government updates the maximum Federal Pell Grant award amount. For the 2024–25 award year, the maximum Pell Grant award is $7,395. These funds can be used to pay for school-related expenses at eligible two-year community colleges, career schools, trade schools, online schools, and four-year colleges and universities.
