A Federal Pell Grant does not have to be repaid. Pell Grants are awarded to undergraduate students who have not earned a Bachelor or professional degree.
Students apply for a Pell Grant by completing the Free Application for Federal Student Aid. A formula is used by the Department of Education to determine a student's Expected Family Contribution and Pell Grant eligibility. The Pell Grant amount a student receives can change depending upon the number of credits a student is enrolled in.
• 12+ credits = Full-time
• 9-11 credits = Three-quarter time
• 6-8 credits = Half-time
• 1-5 credits = Less than half-time
The maximum Federal Pell Grant amount for each academic year may vary and is determined by federal funding and the Department of Education. There is no priority funding deadline to apply for this grant.
Federal Pell Grant Award: Based on enrollment status and percentage/dollar amount.
12 + Credits -100%
9-11 Credits -75%
6-8 Credits -50%
3-5 Credits -25%