Important Changes in Federal Pell Grant Program
Beginning with 2012-2013 academic year, the US Department of Education has made some important changes regarding the Federal Pell Grant Program.
- The number of semesters a student can receive a Federal Pell Grant has been reduced from 18 full-time semesters or its equivalent to 12 full-time semesters or its equivalent. This provision applies to all Pell Grant eligible students and includes all years of receipt of Pell Grant funding. Thus, the calculation of this total will include previous semesters at EKU and at all other colleges, where a Pell Grant was paid.
- The Maximum amount of the Federal Pell Grant will remain the same ($5,550) for the 2012-2013 school year, however, the estimated family contribution (EFC) in which to receive a Federal Pell Grant has changed from a maximum EFC of 5,273 to a lower EFC of 4,996.