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Federal Pell Grant
The Federal Pell Grant is available to students who: The maximum grant for 2012-2013 is $5550 as determined by federal legislation. The grant amount that you can receive is determined by the number of credit hours you are enrolled in and attending at the financial aid lock date and your Expected Family Contribution (EFC). If awarded a Pell Grant, the amount stated on your financial aid award is based on projected funding and is subject to change. No repayment is normally required, unless you withdraw from school or don't pass all of your classes.
Maintaining Your EligibilityIf you receive a Federal Pell Grant you must successfully complete your course work for the current semester or your Pell Grant for future semesters could be affected. Before renewing your grant for the upcoming semester, we will look to ensure that you have successfully completed the required hours to continue to receive your full Pell award. Please read the New Year Pell eligibility requirements for more information. Lifetime Eligibility UsedThe amount of Federal Pell Grant funds you may receive over your lifetime is limited by a new federal law to be the equivalent of six years of Pell Grant funding. Since the maximum amount of Pell Grant funding you can receive each year is equal to 100%, the six-year equivalent is 600%. Learn more about how your Pell Grant Lifetime Eligibility Used is calculated. College Catalog | Student Handbook | Financial Aid Handbook | Next Page > |
Financial AidHawkeye Center Lower Level 319-296-4020 800-670-4769 ext.4020 319-296-4495 (F) Email us Mon-Fri 8:00am-4:30pm
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