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Federal Pell Grant

A Federal Pell Grant, unlike a loan, does not have to be repaid. Federal Pell Grants usually are awarded only to undergraduate students who display exceptional financial need and have not earned a bachelor's, graduate, or professional degree.

The U.S. Department of Education uses a standard formula to evaluate Pell Grant eligibility by the information a student supplies on the Free Application for Federal Student Aid (FAFSA). This formula produces an EFC (expected family contribution) number, which will determine if the student is eligible for the grant. Applicants must be undergraduate students who have not earned a bachelor's degree.

Amounts

2022-2023 Award Year

2023-2024 Award Year

Enrollment Status Credit Hours Disbursed Amount
Full Time 12+ credit hours Entire awarded amount (100%)
Three-Quarter Time 9-11 Credit Hours Three quarters of awarded amount (75%)
Half Time 6-8 credit hours Half of awarded amount (50%)
Less Than Half-Time 5 or below credit hours One quarter of awarded amount* (25%)

Pell Grant Lifetime Eligibility Use

The amount of Federal Pell Grant funds a student may receive over his or her lifetime is limited by a new federal law to be the equivalent of six years of Pell Grant funding. Since the maximum amount of Pell Grant funding a student can receive each year is equal to 100%, the six-year equivalent is 600%.

You can view your Lifetime Eligibility (LEU) percentage by logging on to the National Student Loan Data System using your Federal Student Aid (FSA) ID password and then viewing your LEU. The LEU will be found on the Financial Aid Review page. This amount will increase if you receive any additional Pell Grant disbursements over time from Clayton State or any other college/university in the country.