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pell_grants [2012/06/09 22:37]
admin
pell_grants [2012/06/09 22:41] (current)
admin
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This is a “free” source of financial aid — it is not a loan, and it never has to be paid back. This is a “free” source of financial aid — it is not a loan, and it never has to be paid back.
 +===== What has changed? =====
 +
 +The Consolidated Appropriations Act set a new limit to the number of Pell Grants a student may receive. That limit is now 12 full time semesters or the equivalent. The minimum award eligibility has also changed. As a result there will be fewer small grants awarded. Those students whose "EFC", or Expected Family Contribution, is calculated by the grant processor as falling between 4996 and 5273 will no longer receive a Pell Grant.
pell_grants.txt · Last modified: 2012/06/09 22:41 by admin