2020-2021 Pell Grants

Paying for College
1

Any indication of what the maximum will be for next year? 2019-2020 was $6,195.

I’m actually more interested in the EFC cutoff for the minimum award, I’m guessing the formula is still essentially the same, i.e. minimum Pell is roughly 10% of maximum, so if you don’t qualify for that you get nothing.

I’ve searched here and Google but can’t find anything. Assuming that official numbers have not been released, does anyone have any reason they think it could decrease?

Thanks.

2

In the last few years, it has gone up $90-100

3

That was my guesss, mostly I’m just making sure there wasn’t some news about it dropping that I missed.

4

Last year the Pell Grant chart was released in January.