Federal Pell Grants are generally awarded to undergraduate students who have not yet earned a bachelor’s or a professional degree. The amount of Federal Pell Grant funds you may receive over your lifetime is limited by federal law to be the equivalent of six years (12 semesters) of Pell Grant funding. Since the maximum amount of Pell Grant funding you can receive each year is equal to 100%, the six-year equivalent is 600%. This change affects all students regardless of when or where they received their first Pell Grant. For more information on how lifetime eligibility is calculated, visit Calculating Pell Grant Lifetime Eligibility Used. You may view your percentage of Pell Grant used by logging in to StudentAid.gov. Click “View Details” in the “My Aid” section and the “Pell Lifetime Eligibility Used” percentage will be displayed in the “Grants” section under “Aid Summary”. The U.S. Department of Education (ED) determines and keeps track of your Pell Grant Lifetime Eligibility percentage used.
The maximum Federal Pell Grant award for the 2019-2020 award year (July 1, 2019 to June 30, 2020) is $6,195.
The maximum Federal Pell Grant award for the 2020-2021 award year (July 1, 2020 to June 30, 2021) will be $6,345.
The amount a student receives depends on their expected family contribution (EFC), cost of attendance, how many credits they are enrolled for, and whether they are attending for a full academic year or less. In certain situations, an undergraduate student may be eligible to receive up to 150% of their scheduled Pell Grant award for an award year. This is referred to as “year-round Pell”.
Students may not receive Pell Grant funds from more than one school at a time. A Federal Pell Grant does not have to be repaid, except under certain circumstances.
Do you have questions about financial aid? If you haven’t yet applied to Walden, please contact an enrollment specialist at 855-646-5286 in the United States. If you are a current student, please contact a financial aid advisor at [email protected] or call 1-800-WALDENU (1-800-925-3368).