<p>Hey, I know this question has been asked countless times. I have done my research and searched on this forum as well as on the web but could find no absolute EFC cutoff for one to be eligible for the pell grant.</p>
<p>Someone told me that it was around 4000, while another told me around 3800...</p>
<p>And how does FAFSA take into account parents going to college? I know that they do not consider it but both my parents have used the FAFSA and had pell grants but this year their income increased significantly (but we have a lot of business loss, though).</p>
<p>
[quote]
I have done my research and searched on this forum as well as on the web but could find no absolute EFC cutoff for one to be eligible for the pell grant.
[/quote]
4617 for 2009/2010.</p>
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[quote]
And how does FAFSA take into account parents going to college?
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It doesn't for your FAFSA. You cannot include them on yours. They can include you on theirs though (so their EFC may be lower than yours). The EFC cut off will be the same for them 0-4617, Pell eligible. >4617 not Pell eligible.</p>
<p>that's weird, my family's efc was 4148 and it said i was not eligible for the pell grant...I missed the priority deadline at my school but I have received the pell grant in the past (though my parents' income was lower then...)....i don't know what's accurate</p>
<p>The limit was 4041 until they passed the new stimulus bill in mid Feb, followed shortly thereafter by issuing the new Pell disbursement tables (nearer the end of Feb. Schools and FAFSA had to go by the old cut off until the new ones were issued.</p>
<p>same thing happened to me...is this for next year lzhang? I called FA office and they said its because FAFSA hasnt processed the "new rules" for eligibility yet</p>
<p>take a look at this article: Pell</a> Grant Budget Mess | New America Blogs
I got from it that they will be enacting the rules in the 2009 fiscal year. So let's hope that GMS will consider all of us 4100-4600 EFC folks pell grant elligible!</p>
<p>that's true. However, I'm kind of in need of knowing if I will be Pell eligible since I am a GMS finalist, and one of the requirement is to be Pell eligible.</p>
<p>I saw on FAFSA's webpage that the max pell grant for 09-10 is $5300, but it made no remarks about the Pell cutoffs. </p>
<p>ns347, when did FA say that the new rules will be processed?</p>
<p>The new schedules are already out - honest. I work in financial aid. Here is a link to the letter sent to financial aid offices re: the Pell cutoffs: IFAP</a> - Dear Colleague Action Letters.</p>
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The maximum Federal Pell Grant award for the 2009-2010 award year will be $5,350, which is an increase of $619 from the 2008-2009 award year. *This maximum award amount and the maximum eligible EFC of 4617 were established in the manner described in the paragraphs below.
*
On February 17, 2009, President Obama signed the American Recovery and Reinvestment Act of 2009 (P.L. 111-5) that included an appropriated amount for the Federal Pell Grant Program to establish the maximum Federal Pell Grant award for the 2009-2010 award year at $4,860. Recall that the College Cost Reduction and Access Act (CCRAA) (P.L. 110-84) provides for an automatic increase to the appropriated Federal Pell Grant maximum award for the 2009-2010 award year of $490 for students enrolled full-time. For students enrolled less-than-full-time, the increase is ratably reduced according to the students enrollment status. The CCRAA does not extend the maximum Federal Pell Grant eligible EFC beyond the EFC that was determined by the relevant appropriations - 4617 for the 2009-2010 award year. As noted, the American Recovery and Reinvestment Act of 2009 provides for a $4,860 Federal Pell Grant maximum award for the 2009-2010 award year, which is increased by $490 under the provisions of the CCRAA, resulting in a 2009-2010 maximum Federal Pell Grant of $5,350.