Does this mean I am Pell Grant Eligible?

<p>My SAR Comments says:
Based on the information we have on record for you, your EFC is 3447 . You
may be eligible to receive a Federal Pell Grant and other federal student aid. </p>

<p>So does that mean I am eligible or what does it mean? Please help out a confused person. </p>

<p>Thanks in advance!</p>

<p>Currently, that would be $1281 for the year. It should be more next year. You would receive the Pell grant as long as the info you submitted on the FAFSA is correct & does not change.</p>