pell grant percentage

7/28/2019 Pell Grant Percentage

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Eective July 1, 2012, the Consolidated Appropriations Act reduces rom 18 to 12 the maximum number o semesters o ull-time enrollment

or the equivalent or which a student may obtain Pell Grant unds. The 12-semester limit equates to 600 percent o a scheduled award. This

provision applies to allPell Grant recipients, regardless o when the frst grant was received.

For students enrolled less than ull time, only the percentage o the ull-time enrollment status or which the student is enrolled counts toward

the limit. Pell Grant usage is tracked and displayed in the Lietime Eligibility Used feld on the Common Origination and Disbursement website

and the National Student Loan Data System. Students who have received 600 percent or more o their LEU no longer will be eligible to receive

Pell Grant unds.

The ollowing charts illustrate how to calculate the percentage o Pell Grant eligibility used.

Formulas 1 and 2

Pell Grant Formulas 1 and 2 are used or credit-hour, standard-term programs. A students award is divided by the payment periods in the

academic year.

Semester Programs

For example: Fall and spring standard semesters with a summer header/trailer. Summer may be a nonstandard term. Pell Grant payments are

divided only between the two standard terms. Students still may qualiy or Pell Grants during the summer i remaining eligibility exists.

Percentage o Scheduled Award

Full time Three-quarter time Hal time Less than hal time

50% 37.5% 25% 12.5%

Trimester Programs

For example: Fall and spring standard trimesters. Summer may be a standard or nonstandard term. Pell Grant payments are divided between the

two standard terms.


Full time Three-quarter time Hal time Less than hal time50% 37.5% 25% 12.5%

QuarterPrograms

For example: Fall, winter and spring standard quarters with a summer header/trailer. Summer may be a nonstandard term. Pell Grant payments

are divided only between the three standard terms. Students still may qualiy or Pell Grants during the summer i remaining eligibility exists.


Full time Three-quarter time Hal time Less than hal time

33% 24.75% 16.5% 8.25%

Formula 3

Any term-based program can use Formula 3, but the school mustuse this ormula i the program does not qualiy or Formula 1 or 2 or is a

program oered in nonstandard terms.

Nonstandard Term Programs

To calculate the percentage o Pell Grant used, the school must perorm a number o calculations. The scheduled award or the nonstandard

term is determined based on the ollowing ormula:

Annual Pell Grant Award XWeeks in Payment Period

Weeks in Academic Year=

Scheduled Award or

Payment Period

Pell Grant Percentage Fact Sheet

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Full-time enrollment status or each nonstandard term is used to determine the remaining enrollment statuses. Use the ollowing ormula to

calculate ull-time status:

Credit Hours in an

Academic YearX

Weeks in Nonstandard

Payment Period

Weeks in Academic Year

=Full-time Enrollment Status

or Payment Period

Each students enrollment status then is based on the ull-time enrollment status or the nonstandard term based on the ollowing ormula:

Credit Hours Enrolled in Payment PeriodCredit Hours in Full-Time Enrollment Status

or Payment Period

=Students Enrollment Status

or Payment Period

To calculate the Pell Grant payment amount to the student or the payment period, or nonstandard term, multiply the students enrollment

status by the scheduled award or the term.

Scheduled Award

or TermX

Students Enrollment

Status or Term=

Students Award Amount

or Payment Period

Finally, to calculate the percentage o Pell Grant used or the payment period, divide the students award amount by the scheduled award or the

payment period.

Students Award Amount or Payment Period

Scheduled Award or Payment Period=

Percentage o Scheduled

Award Used

Formula 4Formula 4 is used or credit-hour nonterm programs and all clock-hour programs. The annual award amounts typically are based on the ull-time

schedule, regardless o the students enrollment status.

Nonterm Programs

Students in nonterm programs typically are paid based on the ull-time Pell Grant payment schedule, unless enrolled less than hal time. The

percentage o scheduled award or nonterm programs is determined based on the lesser result o the ollowing:

Scheduled Pell

Grant Award X

Weeks in Payment Period

Weeks in Academic Year =

Scheduled Award or

Payment Period

OR

Scheduled Pell

Grant AwardX

Hours in Payment Period


Scheduled Award or

Payment Period

To calculate the percentage o Pell Grant used or the payment period, divide the students award amount by the scheduled award or the term.




Award Used

Note that subsequent Pell Grant payments are not allowed until the student successully completes the required number o hours AND weeks inthe payment period.

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Clock-Hour Programs

The percentage o scheduled award or nonstandard term programs is determined based on the lesserresult o the ollowing ormulas:

Scheduled Pell

Grant AwardX

Weeks in Payment Period


Scheduled Award

or Payment Period

OR

Scheduled Pell

Grant Award X

Hours in Payment Period

Hours in Academic Year =

Scheduled Award

or Payment Period

To calculate the percentage o Pell Grant used or the payment period, divide the students award amount by the scheduled award or the

payment period.




Award Used

Note that subsequent Pell Grant payments are not allowed until the student successully completes the required number o hours AND weeks in

the payment period.

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