2011-2012 Pell Grant Amount
Students interested in the Pell Grant must complete and submit the FAFSA (Free Application for Federal Student Aid). The maximum Pell Grant amount for 2011-2012 is $5,550 and is awarded to students with the most financial need. Students eligible to receive the maximum Pell Grant Amount make below $41,000.
Continued federal budget deficits continue to pressure the maximum Pell Grant award amount. For the 2011-2012 school year, the maximum Pell Grant is not impacted, but future Pell Grant awards may see a cut in spending
Students that are eligible for a Pell Grant will receive an award letter from their schoolís financial aid office. Most financial aid offices will put a studentís Pell Grant award amount towards the students tuition and other college fees. Any remaining Pell Grant amount will be distributed to the awarding student within the first few weeks of the school term.
If you want to become eligible to receive the Pell Grant, you should complete and submit the FAFSA application either online or through regular mail. Most students complete the FAFSA online, since they can receive instant confirmation that the application was received. Students wanting to submit their application online will need a FAFSA PIN (Personal Identification Number), which is the studentís electronic signature.
You will receive a Student Aid Report, also known as SAR, showing your EFC (Expected Family Contribution) score. The EFC will determine if you are eligible to receive a Pell Grant. Students with an 0 EFC score will receive the maximum Pell Grant amount of $5,550 for the 2011-2012 school year. The lower your EFC score, the higher the chances are that you will receive a Pell Grant award.