One Pell Grant question that is commonly asked by students is how the grant has changed for the current school year, and in actuality this is a relevant question due to the fact that the actual amounts, and other miscellaneous regulations are always evolving on a year-to-year basis.
The Pell Grant has changed significantly for the current school year, with a number of changes that have been implemented to benefit students in a number of ways.
The most impactful change for this current school year has been an increase in both the maximum Pell Grant amount, and the amounts that are given on average across the board. The maximum Pell Grant amount for the current school year is now set at 6095 dollars per year, this is up substantially from the previous school year.
Even if you do not qualify for the maximum amount you still could see a higher amount of Pell Grant funding sent your way because the general amounts have been increased across the board regardless of your place within the approval hierarchy.
You should also be able to get approved for aid even if you are not enrolled on a full-time basis at your school, as the recent changes to the Pell have made it so that there is no longer a minimum enrollment hour requirement. This means that you could be going to school half-time, or even less-than-halftime, and still be able to receive some aid by way of the Pell Grant.
The Pell Grant has also been expanded to now cover all school semesters from each part of the year, fall, winter, spring, and summer. This means that you’ll be able to get aid even if you’re going to school during the summer semester.
The Actual Pell Grant Amount
The actual grant amount is scheduled to steadily rise on a yearly basis for the foreseeable future. This is happening as a result of a bill that was passed by congress a few years ago that significantly increased the amount of funding for this federal program.
The award should actually even grow more once the government inserts billions of more dollars that have been approved to expand the grant and other education-related government programs, so there has never been a better time to qualify for one.