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Bookmark or Share- The Better FAFSA: What You Need to Know - U.S. Department of EducationThe Better FAFSA is simplified, redesigned, and streamlined. It is faster and easier to fill out, with most students and families completing it in less than 15 minutes. It ensures 665,000 more students will receive Federal Pell Grants to pay for college. Additionally, more than 1.7 million more students will receive the maximum Pell Grant.
- Student Eligibility for Pell Grants | 2024-2025 Federal Student Aid ...General Eligibility Requirements for Federal Pell Grants In general, a student must be enrolled in an undergraduate course of study at a non-foreign institution to receive a Pell Grant. For the Pell Grant program, a student is an undergraduate only if the student has not earned or completed the requirements for a bachelor’s or professional ...
- 2024-2025 Federal Pell Grant Maximum and Minimum Award Amounts (Updated ...Under section 401(a)(2)(F) of the HEA, as amended, the minimum Pell Grant award is ten percent of the maximum award amount for the award year. Further, under section 401(b)(1)(B)(ii), Federal Pell Grant awards should be rounded to the nearest $5. Therefore, the Federal Pell Grant minimum award amount for 2024-2025 is $740.
- Early Data Indicate More Students are Poised to Receive Federal ...Pell-eligible applicants include those considered Pell Grant-eligible as of the last transaction on file as of the first September 22 for the application cycle. The Department determines that students are eligible for Pell Grants before institutions originate or disburse that aid. Data were retrieved from EDMAPS on September 25, 2024.
- Calculating Pell Grants | 2024-2025 Federal Student Aid HandbookPell Grants must be spread out in disbursements over the course of a program of study to help meet the student’s costs in each payment period. The payment period affects when Pell funds are disbursed and the exact amount to be disbursed. See Volume 3, Chapter 1 for further discussion and definitions of payment periods.
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