Financial Aid

Financial Aid Eligibility

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There are many requirements students must meet to be eligible for financial aid.  See the list in our subsection entitled Student Eligibility Requirements.  One very important requirement applies to the federal Pell grant, and is described below. 

Federal Pell Grant Program – Maximum Lifetime Eligibility

Students are only eligible to receive a Pell Grant for a maximum of 12 full-time semesters or the equivalent.  If you have already exceeded the maximum lifetime eligibility, you will not be eligible for additional Pell Grants.  Your utilization will be expressed as a percentage, equating the 12 full time semester limit to a maximum lifetime eligibility used of 600%.  Your utilization will be calculated by adding together each of the annual percentages of your previous Pell annual scheduled awards that were actually disbursed to you.

Examples:

Full time student - If you were a full time student both Fall and Spring in the 2015-2016 year and Fall and Spring in the 2016-2017 year, you would have received two years of 100% each of your award.  Therefore, you would have used a total of  200% of your total 600% lifetime limit.

Part time student - If you were only enrolled for one full time semester for the 2015-2016 year, you would have received 50% of your award for that year.  Then, in 2016-2017, if you were enrolled only three-quarter time both semesters, you would have received 75% of your award for that year. Together, you would have used a total of  125% of your total 600% lifetime limit.