This is the basic grant available to undergraduate students who have demonstrated an exceptional financial need on the Free Application for Federal Student Aid (FAFSA) and have not earned a bachelor’s or professional degree. The Department of Education determines a student’s eligibility based on a student’s answers to the FAFSA. Students must also meet other eligibility requirements to remain eligible for this award. The maximum award for the 2023-24 academic year is $6,895, if students are enrolled full-time. The award amount is reduced for students enrolled less than full-time. A Federal Pell Grant,unlike a loan, does not have to be repaid; except under certain circumstances. Students must remember to complete and submit a FAFSA application every year as soon as possible, beginning October 1.
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