New federal legislation provides for students who are otherwise Federal Pell Grant eligible to receive Federal Pell Grant for all terms for which they enroll. For the 2014-2015 award year, the 2014-2015 Student Aid Report record will be used to determine Federal Pell Grant eligibility for all students.
All policies concerning enrollment status, satisfactory academic progress, class attendance, and applicable coursework toward program of study will apply to students receiving two Federal Pell Grants in an award year.
- What is the Federal Pell Grant?
- The Federal Pell Grant is the largest grant program offered by the U.S. Department of Education. The Federal Pell Grant is designed for undergraduate students working toward their first bachelor’s degree. The Pell Grant is a nonrepayable financial resource.
- How do I apply for the Federal Pell Grant?
- Complete the online FAFSA.
- How is eligibility determined?
- Eligibility is based upon financial need and is determined by a formula consistently applied to all applicants.
- Students must also adhere to the items listed under the Eligibility Requirements for Student Aid.
- How much is awarded in the Federal Pell Grant?
- The amount of the Pell Grant varies from $298-$5,730 (annual figure) depending on the student’s eligibility. The Pell payment schedule issued by the U.S. Department of Education will determine the official Pell Grant amount. The awarded amount per term is contingent upon the credit hours in which the student is enrolled.
- How is the Pell Grant awarded?
- Once the Pell Grant amount is determined, the student is sent an award letter that indicates the award per term.
- The Financial Aid office applies the Pell Grant funds to pay tuition.
- If additional funds remain after the payment of tuition and book charges, students will receive a balance check within 14 days of awarding or within 14 days of the last day of drop/add, whichever occurs last.The financial aid office applies the Pell Grant funds to pay tuition. Students may only be funded for courses required for their degree program.
- If available funds remain, the student may use those funds at the College store using their student ID card. The amount available is contingent upon the required credit hours for which the student is enrolled each term.
- If additional funds remain after the payment of tuition and book charges, students will receive a refund through their PHSC One Card within 14 days of awarding or within 14 days of the last day of drop/add, whichever occurs last.
- When is the last date to submit the SAR?
- The SAR must be submitted or received electronically by PHSC by June 30, 2014 for 2013-2014 or the last day of classes, whichever comes first.
- What are the criteria for continued eligibility?
- Maintain the Standards of Academic Progress for Financial Aid.
- Reapply each year.
- Apply early! Priority awarding begins April 1, each year.
- If a student has not received any information from PHSC’s Financial Aid office within six weeks of applying for financial aid, the student should contact the financial aid office immediately.
- Attend the annual campus financial aid workshops.