How many semesters can i receive pell grant

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Department of Education. Financial Aid. Other Resources. Other Calculators. Online Degrees. Online Colleges. Paying For Online Education. And Does It Apply to Me? Mike Brown Updated on April 7, How much you can get Not everyone will receive the max amount of Pell Grant aid. Points to ponder: Dropping a course?

Be sure to do so early because you might not be able to recoup any grant money from that semester—and it will still count toward your LEU. Dual-degree major? Federal Pell Grants are grants from the U.

Department of Education for low-income students. Unlike a loan, a Federal Pell Grant does not need to be repaid. The Department of Education pays participating schools the Federal Pell Grant amounts for all its eligible students. The amount you get depends on your Expected Family Contribution EFC , the cost of attendance at your school, your status as a full-time or part-time student, and whether you plan to attend school for a full academic year or less. Your school will send you a financial aid award letter, which clearly outlines the types and amounts of aid you qualify for.

The greater your financial need, the more likely it is that you will be eligible for a Pell Grant. There are ways to determine your eligibility ahead of time.