Lifetime Eligibility limits for pell grant
Effective July 1, 2012, new federal regulations limits the receipt of a Pell Grant for all students to a lifetime limit of 6 full-time years or 600%. This includes Pell Grant received at community colleges, vocational schools and four year public and private universities. This limit will be tracked by the U.S. Department of Education.
Regardless of the Pell Grant award amount, if you receive the full year payment or disbursement then you have received 100% of your award.
For example, if your Pell Grant for the year is for $5,000 and you receive $2,500 in Fall, $1,500 in Spring and the remaining $1,000 in Summer. You have received the entire $5,000 or 100% of your award for the year.
|Fall $2,500 (50%) ||Spring $1,500 (30%)||Summer $1,000 (20%) |
The 600% total eligibility applies at all schools and colleges. However, once you have earned a Bachelor’s Degree, you are no longer eligible for a Pell Grant even if you haven’t reached the 600% limit. You must continue to meet and maintain satisfactory academic progress standards to remain eligible each year. It is very important that you follow your educational plan so you can successfully complete your degree or transfer to a four year university before your eligibility expires.