2022-2023 Disbursement Schedule | Cal State LA Your first Pell grant disbursement will be based upon your enrollment status at the time funds are ordered from the U.S. Department of Education. -----END REPORT-----. Also, the Title IV COA to be used is always based on the costs for a full-time student for a full academic year, regardless of the actual enrollment status or actual time the student will be enrolled during the award year. During the Summer 2023 Semester, the Pell Grant is awarded based on the number of hours that the student is enrolled in and attending as of June 26, 2023. MmEzN2E5MTBmM2JkMmJjY2VlZTQ5NzU1MGQzODZlNWE3MjFmMTkzZjNhY2Rh Also, the Title IV COA to be used is always based on the costs for a full-time student for a full academic year, regardless of the actual enrollment status or actual time the student will be enrolled during the award year. Review the section below "How funds are disbursed by program.". Why did I only receive 25% of my semester award? If you change your enrollment during this 15 day period, this may affect your disbursement. YTFmYzliNjU5MmRmN2JlNjU4Zjc1MDgzOWYwZTQ3MjVlNGNmZGQ1MTRlMDA0 Fall 2022 . 16 Weeks Fall: 8/22/2022 - 12/8/2022: 9/16/2022: All Pell Grant, 1st loan disbursement: 1st 8 Weeks Fall: 8/22/2022 - 10/13/2022: 9/23/2022: 2nd loan . Just try to calculate what you think are the most accurate figures. Pell grants and scholarships for students enrolled in 15 week and 1st 8 week courses. YzEzMTBkYWM0YjU1MzJkMTkxZTRhYzFmMjYwOTIwZTViZjlmMWRmMWIzN2Jh Please be aware that any change in your enrollment may affect your Pell Grant amount. ZDExYzA5NjllNGM5ZGRmZGRmNDFiZjc5Yzg4YzEzMWQyYzc1YWFlNWJlMzA3 MzgwZTQzOGYwMTFiYjdkNmQyYTMyNjNkOGQ1MzRkNTA3ZGIwMjVmMWFmMjFk If you miss a scheduled disbursement date based on the date you completed your file or added classes, you will be paid on the next scheduled Disbursement Date. How much funding you receive depends on the number of units you are enrolled in and what type of financial aid you have been provided. These include changes tothe Central Processing System (CPS), the Institutional Student Information Record (ISIR) Analysis Tool, the Common Origination and Disbursement (COD) System, and the EDExpress for Windows software. 117-70 expires on Feb. 18, 2022, unless Congress acts to extend it. Y2Y4ODc3NzcyNWY2MzhiN2M5MWM0YTU2ZTc3MDNhNmM0MTI0YmQyYmI2NzM3 Units for classes that begin the second nine weeks of the semester will not be paid until you begin the class (October 7th disbursement for the Fall and March 10th disbursement for the Spring). A: Some awards require a minimum unit enrollment of half-time (6-8.5 units) or full-time (12+ units). A students eligibility to receive a Federal Pell Grant award may be limited by section 401(c)(5) of the HEA, which limits lifetime Pell Grant eligibility to 12 semesters (or its equivalent). In order to receive your grant disbursement on the published date your financial aid eligibility must already be determined at least 10 business days before the published disbursement date. Unit recalculation may result in repayment of funds already disbursed as a result of the reduction in units following the disbursement of Pell Grant funds. We appreciate your continued support in making Federal Pell Grant Program assistance available to students. See the Electronic Announcement published on November 19, 2018, for more information regarding this scholarship. If the. Nevertheless, you should be aware that the funding currently made available under P.L. We appreciate your continued support in making Federal Pell Grant Program assistance available to students. Pell grants and scholarships for students enrolled in 15 week and 2nd 8 week courses. Your access to this site was blocked by Wordfence, a security provider, who protects sites from malicious activity. Eligible students may receive up to three Pell Grant awards between fall, spring and summer. If you never attended, you will be billed for these funds and if they are not promptly repaid, you may be sent to a collection agency. This is a form of student financial aid that took its name from US Senator Claiborne Pell. A: Financial aid verifies your unit enrollment 15 days prior to the disbursement date. ZTMzZTk4YmU5OWVjZWU4ODdkZDdlYmI2YmEwMDNjY2E1NTE3ZTNmZDY0NmEx Grant and loan funds are disbursed according to the preference selected on www.refundselection.com. Hours enrolled after June 26, 2023, will be reviewed on a case-by-case basis. With the release of the 2021-2022 Free Application for Federal Student Aid (FAFSA) on October 1, 2020, the Department is providing the Pell Grant Payment and Disbursement Schedules so that institutions may inform students and their families of their potential eligibility for a Federal Pell Grant. August 25, 2022. Check processing begins 15 days prior to the Disbursement Date. ZWZjMTE4ZjhkMmFlYjkyYzJlYmRmOWJiOGM1OTE4MWE5MTk3NmFhMzIzM2Mw I would like to know How a Pell Grant gets rescinded?! Your check will not be released until after the drop date (September 13, 2023 for Fall 2022 and February 7, 2023 for Spring 2023), as we have to verify enrolled units. For a student to apply for a Pell Grant, he or she must apply through FAFSA or Free Application for Federal Student Aid.
REVISED 2022-2023 Federal Pell Grant Payment and Disbursement Schedules -----BEGIN REPORT----- If you are requesting a loan for the final semester of your academic program, your approved loan amount may be prorated. You should also be aware of guidance on the Children of Fallen Heroes Scholarship, which extends maximum Federal Pell Grant eligibility for certain students who have a Pell Grant-eligible EFC and who had a parent or guardian die while serving as a public safety officer. MzY2MjUwOWY2YWQ3Y2EyYTkzYmUxZWQ0OGYyZDAyM2IwNTNmMzNjNmFiMTQ5 Q. Paper checks will be mailed on the disbursement date and you can expect to receive your check within 1-5 days.
Financial Aid - Fayetteville Technical Community College Fall-only and Spring-only Direct Loans will have different second disbursement dates than annual Direct Loans, which are also different from the second half of Pell Grant payment dates. You should review information on Pell Grant eligibility determinations and the Lifetime Eligibility Used (LEU) limit posted on the Knowledge Center website. ACA payment amounts are not included in a schools Current Funding Level (CFL) but are payments made to a school based on its unduplicated student recipient information. NGNhMDM3ZDQ2NDE5NGQ0MTFmNTZmMGUxYzg2M2YzNjZiYzdjNGFkNTI3Yzhh Call or visit the financial aid office if you need assistance. YzgyOWY0ZWQ2YjJkZmY0YWNjMjllNDNkYjY3NmJmMTY0MmM5YmVkZDkzMDNl Institutions should also be aware of guidance regarding the Children of Fallen Heroes Scholarship which extends maximum Federal Pell Grant eligibility for certain students who have a Pell Grant-eligible EFC and who had a parent or guardian die while serving as a public safety officer. Why did I only receive a check based on 6 units? Institutions should also be aware of guidance regarding the Children of Fallen Heroes Scholarship, which extends maximum Federal Pell Grant eligibility for certain students who have a Pell Grant-eligible EFC and who had a parent or guardian die while serving as a public safety officer. Although $7,395 is the maximum Pell Grant scheduled award for the 2023-2024 award year, institutions are reminded that a student may be eligible to receive Pell Grant funds for up to 150 percent of the students Pell Grant scheduled award for an award year.
Common Finance FAQ | Tuition Guarantee & Comparison | University of Phoenix Yzc5MzQ0NGI4ZWU4ODUwY2UxMTg4N2FiOThlYmNhNmViZDdlMjU1ODQyMjlj Any Adjustment to courses on or before the census date may affect your eligibility for Federal Student Aid Programs. Please allow 2-3 business days from the date of disbursement for funds to be available at your banking institution. YjUyY2FkOTM0Zjk5Yjc1Y2I0OTk1N2JiZGNiNTYyZWJmNDAxNzJiMTkyYmY4 You will only receive 50% of this amount, $500 ($1000 x .5) on the first disbursement and 50%, $500 ($1000 x .5) on the second Pell disbursement.
-----BEGIN REPORT----- Yzc5ZWFkZWI2YWRlNjQzYWJjNzljNzMyNTA3ZGRiOGI4ODc2ZjgwMTEyZWU3
Disbursement Information - Coahoma Community College ZGYyMWVkM2QyOTVhMTkwZTUyMjU3ZTBiODljZjg4YjU0MTA3N2I3NjJhOGE4 January 27, 2023 - 1st disbursement 50% February 10, 2023 - Make-up first disbursement Hours enrolled after September 19, 2022 will be reviewed on case-by-case basis. Checks NOT cashed within 30 days may be cancelled. semester disbursement schedule. You must be actively enrolled in at least 6 units. Disbursements occur on Tuesday and Thursday each week with exceptions for holidays and federal government or state closures. These grants are disbursed in two payments per semester. MWVmN2YzZDUwNDM3MTU0NThlZmZmMGEyN2JmNzk5NjFjZmUwY2IyZjI2In0= Under these continuing appropriations, for the 2022-2023 award year, the maximum Pell Grant award remains fixed at $6,495 and the corresponding maximum Pell Grant eligible expected family contribution (EFC) remains fixed at 5846. We will publish the 2022-2023 Federal Pell Grant Payment and Disbursement Schedules by Feb. 1 in accordance with section 482 of the Higher Education Act of 1965, as amended (HEA). Summer Pell Grant; Summer 2021 Cost Worksheet; Summer Pell Grant FAQ; Appeals; Types of Aid. Attached to this letter are both PDF and Excel versions of the Payment and Disbursement Schedules for determining Federal Pell Grant awards for the 2023-2024 award year (July 1, 2023, through June 30, 2024) for full-time, three-quarter-time, half-time, and less-than-half-time students. If you are not in 12 units, your award will be prorated to 75% if you are in 9-11.5 units or 50% if you are enrolled in 6-8.5 units. . However, they are two different types of aid, and the disbursements actually come in at different times. If you are not attending a college or university that has issued you a financial aid check, return the funds immediately! YzgyOTUwZGIzNDUyNGJmZGQ1NmQzMzE2MjllMTE4N2ZmZmYyZjAxZjNhODY3 During the Spring 2023 Semester, the Pell Grant is awarded based on the number of hours that the student is enrolled in and attending as of February 13, 2023. OTJkYjNlMWMzY2NjMjI1ZjgwNTQwNzhkNzdjMTEyMGFmNzk5YjFhYzY3NzFk It is mandatory you check your Inside BC and college emails at least once a week. . *Continuously Enrolled Student: A student . eyJtZXNzYWdlIjoiYzg4MTE2YzQzY2VlYzA0NTIyMWExMmI5NDNhY2U1ZDY0 Attached to this letter are both PDF and Excel versions of the Payment and Disbursement Schedules for determining Federal Pell Grant awards for the 2021-2022 award year (July 1, 2021 through June 30, 2022) for full-time, three-quarter-time, half-time, and less-than-half-time students. We began processing the Pell Grant ACA payments for all schools on Feb. 23, 2023. It is also important to note that the statutory restrictions of using only certain cost components in constructing a COA in some circumstances still apply. This school year, the deadline for application and disbursement schedule for Pell Grant 2022-2023 is 30th June 2023. ZjNiMTYzOTA5N2QwYzBjMDM0MWNlZjk4YWZjNTgxNDE1MGJmMmJjOTY5OGMy Usually, parents think that the earliest possible date to pass their EFC for their childs Pell Grant application is February 1st.
Please be advised dates are subject to change without notice.
Financial Aid Office | LASC For a student to apply for a Pell Grant, he or she must apply through FAFSA or Free Application for Federal Student Aid. Meanwhile, parents should not be worried about giving wrong calculations. First Pell Grant Administrative Cost Allowance Payments for 202223 Award Year, (GRANTS-23-02) If your mailing address or Direct Deposit information is correct, no further action is required. Federal & State Dates and Deadlines. With the release of the 2021-2022 Free Application for Federal Student Aid (FAFSA) on October 1, 2020, the Department is providing the Pell Grant Payment and Disbursement Schedules so that institutions may inform students and their families of their potential eligibility for a Federal Pell Grant. Terminology for students or parent PLUS borrowers: NOTE: Students enrolled only in late starting short term classes will not receive aid disbursements until classes have started. This situation could change at any time pending further action by Congress. The student financial aid known as Pell Grant is one of the best things that may happen to the life of students who want to finish college and their parents who are trying and working hard to send their kids to school. NASFAA has released updated, estimated 2022-23 Pell Grant payment and disbursement schedules, as the fiscal year 2022 spending bill, which included a $400 increase to the maximum 2022-23 Pell Grant award, is awaiting President Joe Biden's signature after passing both chambers of Congress. If your award letter shows, with the exception of the California College Promise Grant , that you have been offered assistance for the Fall semester only, it is because: Direct Deposit is now available for Financial Aid payments. This grant program was originally called the Basic Educational Opportunity Program. Please make sure to check your Palomar student email for any updates or requests. Processing time during peak periods may take up to 6-8 weeks from the time . 50% of the semester amount. Student loans are disbursed in TWO PAYMENTS per semester. Please see How to Access your Financial Aid Funds section of this page for more information. semester disbursement schedule.
21-22 Federal Pell Grant Payment and Disbursement Schedules Since there are a lot of students and parents rooting to get a grant, then the earliest you could pass the application requirements, the better. Today, not only families from the lower class apply for financial aid, but also those from the middle class. Refunds WILL NOT be distributed on July 5. A: Your Pell Grant award amount on WebAdvisor is based on full-time enrollment. However, the Pell Grant is not a loan. Read Also: Grants For Daycare Providers 2021. Federal Student Loans are required to be disbursed in two payments and will be disbursed following the freeze date. ZTQxNmFhMWY2ZTUyYTg5MjdlMmZmODlkYjRmNmY3OTQ2MGZjMDM5ZWM3MTMx ZmQ4ZWI5NzUyMTkyNmE3Njg0NTRjNTM0OWQ0MTcyYmRjMTM2MzQyYzhiNmQ5 100% Cal Grant . This just proves how hard it is to send a child to school. However, the Pell Grant is not a loan. If you do not receive your check as scheduled, please read the Question and Answer section below before contacting the Financial Aid Office. Students MUST select a refund preference with BankMobile Disbursements. Some colleges would set different schedules. Pell grant disbursements are often given per season, in batches. You will be notified through your Inside BC when your financial aid payment is processed.
Financial Aid: Important Dates, Deadline Dates, Disbursement Dates VERIFY: Is there a way to check if you received a Pell Grant? Typically, the first day of February, March, and April are given as the deadline. Please contact a Tax Advisor or specialist for assistance. Checks will be mailed to the address on file with the Admissions and Records Office. ZGQ4YjQyZjlkYjgyMmU1OGRjMDRiNWY0M2FjZTUwM2UyZTVlMzlhZmNiMzdh . Should you decide to cancel all or portions of your loan after 120 days from the day of the disbursement, you must contact your loan servicer directly for guidance on how to return the funds. Pell Grant Eligibility Chart Fall 2022 (Pell ONLY) "Last ACA Payment Date"Field - Most current date for which an ACA payment was made for the 2022-23 award year Contact Information If you have questions about the Pell Grant ACA payments, contact the FSA Partner and School Relations Center at 1-800-848-0978. The amount granted to the student is determined by the calculations based on the information given by the student upon filling up the FAFSA form and passing a copy of the familys EFC or Expected Family Contribution. All financial aid reminders, changes, deadlines, and special event notices will be sent to your district assigned e-mail address. 117-70 expires on Feb. 18, 2022, unless Congress acts to extend it. You may also email CODSupport@ed.gov. See the Electronic Announcement published onNovember 19, 2018, for more information regarding this scholarship.
2021-2022 Award Year Deadline Dates for Reports and Other Records April 11, 2023.
2023-2024 Federal Pell Grant Payment and Disbursement Schedules Federal Pell & Loan Disbursement Schedule - College of the Desert Institutions should review information on Pell Grant eligibility determinations and the Lifetime Eligibility Used (LEU) limit posted on our Information for Financial Aid Professionals (IFAP) website. ODVjYzMwOWFiNGQ1MzlkZWQ2MmNiNDQzMTBiODc4YjYwYjQ5NjI0YWM3NTRk ZWZhZDJhZTEwN2E4OTU2YzQ5ODA3NzYzNjhhMjZkMzUzZjFkOTU1M2Q0ZWVh Recommended Reading: Golden State Grant For Teachers.
Financial Aid Disbursement Schedule - Financial Aid | MGCCC Account Services will start refunding on January 5, 2021. Because we use mid-points in both the EFC columns and the cost of attendance (COA) rows in constructing the schedules, the actual 2023-2024 award year minimum scheduled award amount will be $750. Financial Aid funds are now available through Direct Deposit! February 28, 2023. (GEN-22-03)
Merced College - Schedule of Payments This information is as follows: Total Unduplicated Recipients Field Count of unduplicated recipients for the 202223 award year for the school, Total Unduplicated Recipients Paid Field Count of unduplicated recipients for the 202223 award year for whom ACA has been paid, Total ACA Field Dollar amount paid to the school to date for the 202223 award year, Last ACA Payment DateField Most current date for which an ACA payment was made for the 202223 award year. Pell Grant Disbursements will be adjusted if enrollment status is less than full-time. Summer 2022: July 1 *Note: Refunds resulting from disbursements made on July 1 will not be processed until the following week.
Disbursement Dates 2022 - 2023 Disbursement E-Mail Notices You will be notified by e-mail approximately one week before your financial aid payment is disbursed. If you withdraw from all classes, drop below half-time, or fail all of your classes, you may be required to repay all or part of the financial aid you received. The amount of your disbursement is based on the number of units you are actively enrolled in 15 days prior to the disbursement date. The amount granted to the student is determined by the calculations based on the information given by the student upon filling up the FAFSA form and passing a copy of the familys EFC or Expected Family Contribution. (for loans; deadline to enroll in Direct Deposit - 07/31/2022). YTlkNjZmYjZhYWM0NGVhNzk3OGYwYWI5MzUzYzkwOGZlN2UzY2IyNDE2OTBm If you believe Wordfence should be allowing you access to this site, please let them know using the steps below so they can investigate why this is happening. If you believe Wordfence should be allowing you access to this site, please let them know using the steps below so they can investigate why this is happening.
Disbursement Schedule - Santa Ana College Educational institutions have never revealed a deadline or an ideal time to pass Pell Grant applications, leaving students and their parents almost clueless. Due to the recent class start change that is now scheduled for January 11, 2020, the Financial Aid Office will be disbursing aid on Monday, January 4, 2020. Richard Cordray To learn more, see Dear Colleague Letter GEN-17-06. In future electronic announcements, we will provide institutions with important information about system, web, and software modifications that will reflect the 2021-2022 Pell Grant Payment and Disbursement Schedules. For example, for a less-than-half-time student, the COA includes only cost components for tuition and fees, books, supplies, transportation, room and board for a limited time period, and dependent care expenses. . For example, if your semester Pell Grant award is $2000 and you are enrolled in 7 units, you will be eligible for $1000 . For example, if your semester Pell Grant award is $2000 and you are enrolled in 7 units, you will be eligible for $1000 ($2000 x .50). It is mandatory you activate your district assigned e-mail account. We strongly encourage financial aid eligible students to sign up for direct deposit. 2022: First Fall Disbursement (Pell Grant and Loans); First Year First Time Loan Borrower** Disbursement; September 21, 2022: What is disbursement? The email will include your financial aid payment amount and the date of disbursement. Upon receive your loan disbursement, should you decide to cancel all or portions of your loan within 120 days from the day of the disbursement, you must: Submit a written notification indicates that you are requesting to cancel portion or all of your loan to the Financial Aid & Scholarship Office. Yjc5ZDQxMDI2NmRhMTE3MWI3NTk2MjcxY2FkNzQ1N2E4NTEyMWY1ZTc0NTgx Pell Grant. But one thing that most parents do not know is that there is actually an ideal date to pass the application. If you do not sign up for direct deposit, your checks will be mailed. Enroll in direct deposit on GET. Disbursement - Institutional Charges - Housing Charges (if applicable) = Financial Aid Refund or Out of Pocket Expenses Disbursement dates for 2022-2023 Academic Year Most funds are disbursed in one lump sum (with a few exceptions see below) a few days before classes begin. You filed an Appeal Form to reinstate your financial aid with results indicating that the Fall semester was the final semester we could assist you. Less than Half Time Student (Pell Only) 12 or more credits 9 to 11 credits 6 to 8 credits 1 to 5 credits $1,000 $750 $500 My award letter stated I would receive a certain amount for my Pell Grant. Some colleges would set different schedules. ZDlkNjhlNzM3ZTBiYTcyNDI1NDE4N2M5Y2I3MzgyZTc5MDBkODE2NGVjNzE3 Since it is a grant, it does not have to be repaid. All federal financial aid grant and student loan funds remaining after tuition, fees, and books have been . During the Fall 2022 Semester, the Pell Grant is awarded based on the number of hours that the student is enrolled in and attending as of September 19, 2022. All students must read and comply with the following information regarding Federal Aid at Palomar College. 2022/2023 Disbursement Information/Schedule -Fall 2022/Spring 2023/Summer 2023. It is not a cash award. You will be notified by e-mail approximately one week before your financial aid payment is disbursed. Since this process is expected to take at least a week, NASFAA has released unofficial 2022-23 Pell payment and disbursement schedules for school use in the interim for planning purposes only.
Financial Aid Disbursement Dates and FAQ - Peralta Community College 2022-2023 Financial Aid Disbursement Dates Fall 2022, Spring 2023, Summer 2023 Financial aid disbursement occurs when EVC credits your student account with .
Aid Disbursement | Student Financial Aid These include changes tothe Central Processing System (CPS), the Institutional Student Information Record (ISIR) Analysis Tool, the Common Origination and Disbursement (COD) System, and the EDExpress for Windows software. Please note that new students* who have just registered for a late start course can still be awarded Pell, the Promise Grant Fee Waiver and potentially more if they enroll now. The Pell payment will be based upon enrollment status (full time, three-quarter time, half-time, less than half-time) at the time of the calculation. The Census Date (Freeze Date) is July, 1, 2022. For additional information on the LEU limitation, see Dear Colleague Letter GEN-13-14 and Volume 7 of the 2023-2024 FSA Handbook (formerly in Volume 3, Chapter 3 of the 2022-2023 FSA Handbook). Please note that Pell Grant is normally disbursed in TWO payments per semester for California residents and AB 540 students that are a U.S. citizen or Eligible Non-citizen. M2ZjMGE4YWNhNDY0NTg3NjE4NTdkZjYzMzk0YjQ5ZGJiY2VkNDAxNjM0Nzdi If you are enrolled in classes that begin later in the term, you WILL NOT receive grant or loan funds for those classes until after they have started. Fall and Spring SEOG and State Grants are disbursed based upon your enrollment status at the time funds are ordered from the U.S. Department of Education, the California Student Aid Commission and the state.
PDF 2022-2023 Financial Aid Disbursement Dates - Evergreen Valley College 2022-2023 Academic Year Census Dates Summer 2022: July 13, 2022 Fall 2022: September 9, 2022 Spring 2023: February 10, 2023 NOTE: There is no census date for winter session, since it is not considered a stand-alone term. . Enrollment status is: All semesters/terms have the same enrollment status, including summer session. Loan disbursement dates vary based on several factors: When the loan request form with all required documentation is turned into the Financial Aid Office; All financial aid, will first be applied to institutional charges, which include: tuition and mandatory state and campus fees Any remaining financial aid after institutional charges are paid will then be refunded to the student. 100% Cal Grant 100% Fall Retro * 5/12/22 - 50% Pell/SEOG 2/2/2022 Early February . . To be eligible for the additional Pell Grant funds, the student must be otherwise eligible to receive Pell Grant funds for the payment period and must be enrolled at least as a half-time student, as defined in 34 CFR 668.2(b), in the payment period(s) for which the student receives the additional Pell Grant funds in excess of 100 percent of the students Pell Grant scheduled award. All 2021-2022 Federal Pell Grant awards must be based on the attached schedules. Q. The dates below are provided for informational purposes only. M2IxNzIwNzIxNDRiOTgwNWQxMDI4YmZmNzBkZTk1NWJkODlmY2M2NzkwMTc4 All 2023-2024 Federal Pell Grant awards must be based on the attached schedules. Example: If you received a Spring 2022 Pell Grant at $3,248* at 12+ units (full-time), you may be eligible for a Summer 2022 Pell Grant at $1,624 at 6 units (half-time). If you need access to these documents before the accessible versions are available, please contact the Information Technology Accessibility Program Help Desk at ITAPSupport@ed.gov to help facilitate. Hours enrolled after February 13, 2023 will be reviewed on case-by-case basis. Some colleges would set different schedules. 5/11/2023 -- 50% Pell/SEOG 8/23/2022 Early September . It is mandatory that you activate your e-mail account. Although $6,495 is the maximum Pell Grant scheduled award for the 2022-2023 award year, a student may be eligible to receive Pell Grant funds for up to 150 percent of the students Pell Grant scheduled award for an award year.