Summer Update

Pell Grant

The Federal Pell program provides assistance in the form of a grant to undergraduate students.

Pell eligibility is determined by the Expected Family Contribution (EFC) calculated from the information provided on the FAFSA. The 2013-2014 maximum award is $5645 for full-time enrollment for two semesters.

The amount of Pell received will depend on the student's EFC and academic status. Students may not receive Pell Grant funding for more than one school at a time.

Students will be limited to 12 full-time semesters of Pell Grant.

Effective within the 2011-2012 award year, students are no longer eligible to receive more than one schedule Pell Grant Award within an award year.

Summer 2014 Pell

Students who attended less than full-time in the fall and spring semesters are eligible to receive funding from the Pell Grant program during the Summer semester. The same can be said for students who attended one term, either fall or the spring term. Students who attended as a full-time student during the course of the academic year for both the fall and spring terms will not be eligible to receive a Summer Pell award.

Example A: Annual Schedule Pell Award is $5,645. Student attends half- time fall, full-time Spring, and half-time summer.

Enrollment Status:

Half-time Fall

Full-time Spring

Half-time Summer

Pell Award

$1,411

$2,822

$1,412

Example B: Annual Schedule Pell Award is $5,645. Student attends full-time fall and spring, and enrolled for summer.

Enrollment Status:

Full-time Fall

Full-time Spring

Full or Half-time Summer

Pell Award

$2,823

$2,822

$0

Note: Disbursement of Summer aid is based on remaining aid eligibility and meeting Satisfactory Academic Progress (SAP) standards.
For more information contact the Financial Aid Offices
St. Croix - (340) 692-4193 • St. Thomas (340) 693-1090