Pell Grant for 2018 awarded me $6095. My schools tuition with all fees included is $644. How much should i expect from my refund check? Is the pell grant awarded every year ? i’m confused because i read that it is only given for 6 years. Btw my school only has 2 disenburstment dates available so how much should each check be?
If your school is on 2 semesters per year…then 1/2 of that Pell is awarded each semester.
So…1/2 of $6095 would be your Pell if you are a FULL TIME student for the first semester. Is that $644 tuition and fees for the semester? If so…subtract that from the semesters worth of Pell…and that will be your refund.
If you continue to be eligible for the Pell, you will continue to receive it for the equivalent of six year…so if you do something like take classes in the summer…that will count towards your total.
It sounds like you are at a community college and commuting from home. Is that correct?
Free advice…use your Pell for college related expenses like books and your commuting costs. Bank any of the remainder that you can bank so that you will have a little nest egg for when you transfer to a four year college.
Oh and IIRC, if you get an associates degree from your community college, you will need to move on to a four year program…because I don’t think you can continue to get a Pell once you have that associates. In other words…you can’t use it for another associates…or just to take courses.
Are you a full time student?
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I contacted the financial aid dept at my school & they said my refund amount would be $279 but i don’t think that’s correct. Something doesn’t add up. & Yes $644 is tuition & fees for this semester
& yes i am a full time student taking 14 units this semester
Are you residing on campus?
Do you have a FA portal or billing portal? You should be able to see an accounting of what aid is coming to you.
What school do you go to that only charges $644 for full time? That doesn’t seem right for any school unless that is the amount after applying grants. Some of the Pell grant may be deducted to pay the bill. Do look at the portal to see how your add is being applied.