2013 - 2014 Pell Grant Eligibility
The Pell Grant is a great way to pay for your post-secondary education, since eligible applicants are not required to repay back any of their award amount. The Pell Grant is for low-income students that are in financial need. All Pell Grant award amounts are used to pay for any school related expenses, which include tuition / school fees, books, school supplies, etc.
To be eligible for a Pell Grant for the 2013 - 2014 school year, applicants must complete and submit the 2013 - 2014 FAFSA application. Students that completed the FAFSA is prior school years, must re-submit their FAFSA application for the applicable school year.
The Pell Grant maximum award amount for the 2013 - 2014 school year is $5,642. Applicants with a low or no EFC (Expected Family Contribution) score will receive the maximum Pell Grant award amount. Students with a Maximum EFC score of 5081 will receive the minimum Pell Grant award amount of $582.
The only application that must be completed for a 2013 - 2014 Pell Grant is the FAFSA. The FAFSA takes into account your income and assets (independent) / family’s income and assets (dependant) , cost of attendance, and student status to determine if you need financial assistance to pay for your education. The Pell Grant calculation changes each school year and is set by the US federal government.
Pell Grant Lifetime Eligibility
The Pell Grant Lifetime Eligibility, which was starting in 2012-2013 school year and still implemented in 2013-2014, sets a cap on the number of school semesters students are eligible to receive a Pell Grant. Students that receive the Pell Grant for 12 semesters are no longer eligible for additional Pell Grant awards.
Level of Education
Pell Grant applicants must now have completed and received a high school diploma or equivalent to be eligible for a Pell Grant. In prior years, international students or students that received a diploma for an unaccredited institution were able to receive a Pell Grant to pay for their higher education. Students must now show proof that they’ve received a high school diploma or equivalent for an accredited institution.