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Minnesota State University, Mankato
Minnesota State University, Mankato

Federal Pell Grant

Page address: http://www.mnsu.edu/campushub/grants/pell/

The Federal Pell Grant provides undergraduate students with assistance in meeting the cost of attendance at eligible public and private post-secondary institutions.  It is funded through the Federal Government on the basis of need.  The Pell Grant is money that does not have to be repaid.

Availability

Federal Pell Grants are available to students pursuing their first undergraduate degree. You may not receive Federal Pell Grant payments for the same term from more than one institution, even if enrolled part-time at each institution. 

Awards

Federal Pell Grant award amounts are subject to annual congressional appropriations.

  • Awards range from $652-$6,095 for the 2018-2019 school year.

The amount of your Federal Pell Grant will be prorated if you are enrolled for fewer than 12 credit hours per semester.

The amount of Federal Pell Grant funds a student may receive over his or her lifetime is limited by federal law to be the equivalent of four years of full-time enrollment (including summer). Since the maximum amount of Pell Grant funding a student can receive each year is equal to 150% if enrolled full-time fall, spring, and summer terms, the equivalent is 600% (referred to as the Lifetime Eligibility Used (LEU) percentage). To see your LEU percentage you can log on to the National Student Loan Data System (NSLDS) using your FSA ID. The LEU is found on the Financial Aid Review page.

To Apply

To apply for a Federal Pell Grant you must complete the Free Application for Federal Student Aid (FAFSA) annually. 

Eligibility

Eligibility for the Federal Pell Grant is based upon your Expected Family Contribution (EFC) determined from the FAFSA.  Apply online at www.fafsa.ed.gov

The amount of Federal Pell Grant funds disbursed is based on the student’s enrollment level as of the end of 5th day of the semester.


Pell Grant Potential Eligibility Calculator