EFC of 1053, Pell

Paying for College
1

<p>My EFC is 1053, how much should I expect to get from the Pell Grant?</p>

2

<p>of course dude</p>

3

<p>What is the “amount” of aid I should receive from the Pell Grant with an EFC of 1053?</p>

4

<p>@ $4300…</p>

5

<p>Is that definite swimcatsmom? Like the exact amount?</p>

6

<p>It depends on whether you’re full time and what your COA is, but the maximum award on the ifap table for your efc is $4300. Table is here:</p>

<p><a href=“http://ifap.ed.gov/dpcletters/attachments/P0901PaymentSchedules1D.pdf[/url]”>http://ifap.ed.gov/dpcletters/attachments/P0901PaymentSchedules1D.pdf&lt;/a&gt;&lt;/p&gt;

7

<p>Ok, thanks.</p>

8

<p>But no matter what, “everyone” whose EFC is under the limit will automatically receive a Pell Grant?</p>

9

<p>Well, the school obviously has to be eligible to participate in federal programs. Is there a specific reason you’re worried or think you would qualify but not receive Pell?</p>

10

<p>Well it was just a thought. I know a lot of students at my school that have an EFC of 0 so they would all be getting the full amount of the Pell Grant. It just seems like a lot of money given to everyone for aid.</p>

11

<p>The Pell is not campus based aid. It comes from the federal government and you get what your EFC makes you eligible for.</p>

<p>Th SEOG and Perkins on the other hand are campus based aid. While they t still come from the government a school is only given $xx of SEOG and Perkins money to award. Once they have awarded it there is no more.</p>

12

<p>Oh, I see.</p>