Federal Pell Grants are awarded to undergraduates based on financial need and cost of attendance.

How much money could I get from a Federal Pell Grant? Every year, the federal government updates the maximum Federal Pell Grant award amount. For the 2024–25 award year, the maximum Pell Grant award is $7,395. (Note: The maximum Pell Grant award amount for the 2025–26 award year will be announced in early 2025.

The amount of Federal Pell Grant funds you may receive over your lifetime is limited by federal law to be the equivalent of six years of Pell Grant funding. Since the amount of a scheduled Pell Grant award you can receive each award year is equal to 100%, the six-year equivalent is 600%.

Begin Estimate of Federal Student Aid. The student may want to use the Federal Student Aid Estimator before filling out the FAFSA form to help them understand their options for paying for college or career school by providing them an early estimate of how much federal student aid they may be eligible for.

* We display information about the aid you received, including Pell Grants, on your account Dashboard and My Aid page. This information can be delayed. This information can be delayed. Reach out to your school’s financial aid office if your information is outdated.

Check the status of your federal student aid application and manage your loans on the Federal Student Aid Status Center.

Service Grant • For students whose parent or guardian was a member of the U.S. armed forces and died as a result of performing military service in Iraq or Afghanistan after the events of 9/11 • Must be ineligible for a Pell Grant due to having less financial need than is required to receive Federal Pell Grant funds

And unlike a federal student loan, you don’t have to pay this money back. Here are eight things you should know about Federal Work-Study: You must submit the Free Application for Federal Student Aid (FAFSA ®) form. Jobs are limited, so it’s important to act quickly. Work-study funding and jobs aren’t guaranteed each year.

Beginning May 1, 2024, the U.S. Department of Education (ED) will transition the TEACH Grant Program from MOHELA to ED via StudentAid.gov. To allow for the transition of the TEACH Grant program to StudentAid.gov, the processing of all TEACH Grant forms will be temporarily paused beginning May 1, 2024, and is expected to last into fall 2024.

A negative SAI indicates you have a higher financial need. For example, if you have an SAI of –1500, you’ll qualify for a maximum Pell Grant award assuming you have not exhausted your lifetime amounts and meet all student eligibility requirements. Learn how the SAI is calculated. Your SAI is not. a dollar amount of aid you’ll receive,