Important information about Pell Grant eligibility – know your limit!
Posted on Monday November 5th 2012
Recently the Federal Department of Education released new Student Pell Grant Eligibility Limits. These limits apply to all Pell Grant recipients, regardless of when you first began receiving Pell Grant funds. Are you close to reaching your lifetime Pell Grant limit? It’s possible! If you are a Pell Grant recipient, we recommend that you review our financial aid checklist and contact the Financial Aid Office if you can answer YES to any of the following:
|You attended college a few years ago but never finished and had to leave. Now you’re back and able to finish.||YES||NO|
|You’ve attended GCC for 3 semesters but are still not sure when you will graduate.||YES||NO|
|You’re at GCC under Fresh Start.||YES||NO|
|You’ve changed your major at least one time.||YES||NO|
|You’ve had to appeal your financial aid status at least once in the past.||YES||NO|
|You work hard to keep your GPA above 3.0; this means that you decided to withdraw from a few classes that were too hard or stressful.||YES||NO|
|You’ve been on Academic Suspension or Probation in the past.||YES||NO|
|You’ve finished the prerequisites for the ADN program, but you’re on the waitlist, so you’re enrolled in a few classes until you
can get into the program.
If any of the above situations is TRUE, you should schedule an appointment to speak with a financial aid counselor to determine your remaining eligibility, especially if you plan to transfer to a four-year college or university.
How can I see my Lifetime Eligibility Used (LEU) percentage?
You are now able to log on to the National Student Loan Data System (NSLDS) Student Access Web site using your Federal Student Aid PIN and view your LEU. The LEU will be found on the Financial Aid Review page.
How can I learn more about Pell Grants?
For more information about Pell Grants and how much you might receive in a year, visit the Federal Department of Education’s Pell Grant page. If you have questions regarding your Pell Grant or the LEU, you can contact the financial aid office.
All Pell Grant Recipients are responsible for knowing their LEU. The Financial Aid Office will notify students who have reached their Pell Grant Limit (600%).
More information will follow in the upcoming months. In the meantime, if you have questions, please contact us. Our office is opened Monday through Thursday from 8:30am – 5pm, and closes at 4pm on Fridays.