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Beginning with the 2024-25 award year, schools will report maximum Pell Grant eligibility based on either (1) Special Rule criteria eligibility or (2) legacy eligibility due to prior IASG or CFH criteria to the Department via the new FAFSA Partner Portal (FPP).
Beginning with the 2024-25 award year, a student may qualify for a Pell Grant in one of three ways: Maximum Pell Grant (Max Pell) Minimum Pell Grant (Min Pell)
Beginning with the 2024–25 award year, a student may qualify for a Pell Grant under one of three sets of eligibility criteria: If FPS has determined that an ISIR transaction is eligible for a Pell Grant, the “Pell Grant Eligibility Flag” will be set to “Y”.
For the 2024–25 award year, the maximum Pell Grant award is $7,395. These funds can be used to pay for school-related expenses at eligible two-year community colleges, career schools, trade schools, online schools, and four-year colleges and universities.
As we continue to approach the opening of the Better FAFSA by December 31, 2023, it’s important that we break down the Pell Look-Up Tables and understand how they can help a student determine their eligibility for a maximum or minimum Pell Grant for the 2024-25 award year.
Learn more about the Federal Pell Grant program, including eligibility requirements. The Federal Pell Grant is no-cost tuition assistance that is funded and awarded by the Federal Government and can support you in financing your education at University of Maryland Global Campus.
Federal Pell Grants are awarded to undergraduates based on financial need and cost of attendance.
In AY2024-2025, financial need is determined by either a family’s adjusted gross income (AGI) in comparison to the federal poverty guidelines or the family’s student aid index (SAI) as calculated using family financial information provided on the Free Application for Federal Student Aid (FAFSA).
The Department of Education (ED) on Friday released its Pell Grant look-up tables for award year 2024-25, which help determine if a student may be eligible for a maximum or minimum grant.
Overview of Pell Grant Eligibility and Scheduled Pell Grant Awards . Beginning in the 2024-25 award year, the Pell Grant scheduled award calculation consists of three steps. Step 1 – Maximum Pell Grant Eligibility • Use the Maximum Pell Grant Formula to calculate the eligibility indicator based on Adjusted Gross Income.