Who determines amount of Pell Grant?

Paying for College
1

<p>When I filed the FAFSA, I received an e-mail stating that my Pell Grant would be $4,000. The school send my financial aid package had a $3,600 Pell Grant and a $1,000 Fed Supplement Grant.</p>

<p>Did the school determine that I didn't need that extra $400 and not give it to me? Is that normal?</p>

<p>Also, what determines how much you get from the Supplemental Grant? Am I actually coming out with more than I would have?</p>

<p>Thanks!</p>

2

<p>Your FAFSA EFC determines your Pell amount…not the school.</p>

<p>However, since the school gave you less, then likely one of your schools found an error on your FAFSA and corrected it and your EFC rose a bit.</p>

<p>The school decides how much SEOG money it can give you. I think the range is something like $400 - 4000 or something like that SEOG isn’t a given…the school decides if and how much…</p>

3

<p>Thanks, you are always helpful :smiley: That is good to know that the Pell Grant is dependent on EFC and the SEOG is not.</p>

<p>Is there anyway to see if my EFC was changed and, if it was changed, to how much?</p>

<p>At the time the award was given, we didn’t file the FAFSA yet (it was in December). Could they have estimated incorrectly in December?</p>

4

<p>Possibly…call them and ask if there needs to be a Pell adjustment based on your actual EFC.</p>

5

<p>The award schedule for Pell grants changes from year to year. </p>

<p>Here is the award schedule for SY 2012-13</p>

<p><a href=“http://ifap.ed.gov/dpcletters/attachments/P1201Attach20122013PaymentSchedules.pdf[/url]”>http://ifap.ed.gov/dpcletters/attachments/P1201Attach20122013PaymentSchedules.pdf&lt;/a&gt;&lt;/p&gt;

<p>If your award was estimated before the new schedule was post in mid-January, it’s quite possible the estimates was wrong.</p>

<p>(EFC limits for the Pell were lowered for SY 2012-13 and the amount of the grants were reduced.)</p>

6

<p>Both the new and old Schedules have me at $4,000, it seems. It could be that we didnt even fill out the FAFSA at that time, so they were just ballparking. I’ll contact them next week and see what we can do.</p>

<p>Thanks mom2ck and wowm!</p>