Year-Round Pell Grant

Federal Pell Grants are awarded to high need families who qualify as determined by the FAFSA.  Students are eligible for 6 years (or 12 semesters) of Pell.  This is referred to as 600% Pell Lifetime Eligibility Usage (LEU).  Receiving Pell between the fall and spring semester as a full time student equals 100% of Pell.

 

Year-round Pell allows students to receive up to 150% of a regular grant award over the course of the academic year so that they can continue taking classes in the summer and finish their degrees faster than they would otherwise. This additional 50% requires that you be at least half-time and this usage goes toward the 600% LEU.

Since this additional 50% does go towards your Pell LEU, you do have the option to e-mail us at any time to decline the use of your YRP. We’re committed to assisting you with your financial needs as you seek to achieve your educational goals. Please don’t hesitate to contact us or drop in for more assistance.

In Example 1, if the student is in six credit hours in the summer, $1724 would be used and the total usage for the academic year would be 125%.  If in 12 credit hours, the amount would be $3,448 and 150%.  In Example 2, the student could also use their YRP for summer if enrolled for at least six hours in the summer (because six hours is the minimum enrollment for YRP). 

PLEASE KEEP IN MIND that your Pell grant, alone, likely will not be enough to cover all of your summer expenses. See the estimated cost analysis below using Ex. 1 from above:

If your advisor/Dean recommends summer enrollment, please ensure that you can afford to cover all associated costs.  If you are not able to pay out of pocket, you’d need the assistance of unused federal student loans from the fall/spring, a Parent Plus loan, Private loan, or the TealPay Payment Plan: Please visit our Costs section as well as meeting with a financial aid counselor to discuss your financing options.