Grants are a type of financial aid that does not have to be repaid, and are typically based on demonstrated need.
Federal Pell Grant
The Federal Pell Grant is a federally-funded grant awarded on the basis on financial need. The Federal Pell Grant is awarded to undergraduate students who have not earned a bachelor’s or a professional degree. The amount of Pell Grant awarded can change from year-to-year, and is contingent on the following:
- Your Expected Family Contribution (EFC) determined by the FAFSA results.
- Your financial need.
- Your plans to attend school for a full academic year or less.
- Your status as a full-time or part-time student. The Pell Grant is awarded based on full-time enrollment (12 or greater undergraduate hours), and is prorated based on enrollment for less than full-time enrollment.
You may not receive Pell Grant funds from more than one school at a time.
Effective July 1, 2012, Pell Grant funds may not be received for more than the equivalent of six full-time academic years.
- You must complete the FAFSA.
- You must have a qualifying Expected Family Contribution (EFC) as determined by your FAFSA.
- You must meet and maintain Satisfactory Academic Progress.
- You must meet all other financial aid eligibility requirements.