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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 ...
If Congress passes the current Pell Grant proposal, awards during the 2023-2024 academic year would range from a minimum of about $740 to a maximum of $7,395, according to CNBC. A lot depends on ...
Another 1.5 million will be able to receive the maximum Pell Grant award as a result of the FAFSA changes. Read more: Your complete guide to FAFSA for the 2023-2024 school year.
The Pell Grant is a form of need-based federal financial aid that typically does not have to be repaid, which makes it highly desirable. It is awarded by the U.S. Department of Education to help ...
The Serve America Act, implemented by Congress and effective October 1, 2009, made important changes to the Segal AmeriCorps Education Award.Changes include increasing the amount of the award by tying its value to the maximum Pell Grant, expanding its available uses, and authorizing transfer ability of the award for certain individuals.
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.
The Pell grant is worth up to $7,395 during the current school year – though not every recipient qualifies for the maximum amount as it depends on financial need.
The maximum award is $4000 for the 2023–2024 academic year. [6] The Federal Supplemental Educational Opportunity Grant (FSEOG) is a federal assistance grant reserved for college students with the greatest need for financial aid to attend school. The maximum FSEOG is $4,000 a year and the amount applicants are eligible for is at the discretion ...