This grant is awarded to students pursuing their first undergraduate degree. To be eligible for this award, the recipient must demonstrate exceptional financial need through the Free Application for Federal Student Aid (FAFSA). This award is a need-based award.
The size of the award for 2014-2015 can range from $292 to $5,730, depending on the students Expected Family Contribution and the amount of credit hours taken.
Awards Amount Depends on the following factors:
The student will automatically be considered for the award by completing the Free Application for Federal Student Aid (FAFSA).
Pell Grant Awards are given to students at its maximum amount, if the student is enrolled full-time for two semesters. If the student was not full-time both semesters after the first week, then the student will have the difference to use for summer. An example would be if a student was taking 9 credit hours fall semester and 9 credit hours spring, then the student would be able to use the additional amount for summer. This can only be carried over for the summer semester and not the next fall or spring semester.
Awards will need to be adjusted for aid used at the student's previous institution. All aid will need to be cancelled at the previous institution for the IPFW Financial Aid Office to be able to award any left over Pell Grant Eligibility.