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Maximum amount (2024-25) Who is eligible? Pell Grant. $7,395 per year. Undergraduate students with financial need, some postbaccalaureate teacher certification students
The maximum Federal Pell Grant for the 2023–24 award year (July 1, 2023, through June 30, 2024) is $7,395. [21] The maximum amount of the grant usually depends on the EFC and several other factors, including cost of attendance, the amount of time the student plans to attend college, whether it is a full academic year, and whether one is a ...
Federal Pell Grant. Pell Grants are usually awarded to undergraduate students and are based on need. The amount you get is determined by your expected family contribution, the cost of attendance ...
Federal Pell Grants are designed for low- and middle-income undergraduate students. Pell Grants for the 2023–2024 school year range from $750 to $7,395. [4] The Iraq & Afghanistan Service Grant is awarded to students who are ineligible for a Pell Grant only because of the program’s need requirements and whose parent or guardian died as a ...
Federal Pell Grant, the largest of the federal grant options and based exclusively on an individual's Expected Family Contribution as calculated using the FAFSA data. [2] For students attending a University or Cal State in the state of California there are also resources like the Cal Grant award that is awarded every year.
College students who qualify for federal Pell Grants could see a big payment boost in 2023 if Congress approves the $1.7 trillion spending bill currently under consideration. See: 9 Million Got...
The award amount is considered taxable income and is equal to the maximum value of the Pell Grant ($7,395 as of Fiscal Year 2023). [31] [32] Individuals can only receive Education Awards for two terms of AmeriCorps service. [31]
The federal government said an additional 610,000 students from low-income backgrounds will be eligible to receive Federal Pell Grants this year. Does any federal student aid go unclaimed? Yes.
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