Just thought I would provide an update.
After spending a couple of l hours on the phone w/ the college and FAFSA, I finally got an answer as to why the the Pell Grant was higher than expected based on the SAR.
Apparently, I had filled out a Dependent Student Verification form when we first filed; forgot all about this.
A few months later, when I updated the FAFSA, the school disregarded the FAFSA updates, there were 2, and based the Pell Grant off of the original documentation.
Maybe by the time our last one goes to school, I might actually understand the process, or not.