Federal Pell Grants
Who Receives the Federal Pell Grant?
Federal Pell Grants are awarded to students pursuing their first undergraduate degree. Recipients must demonstrate exceptional financial need on their Free Application for Federal Student Aid (FAFSA) as awards are need-based.
How Much Will I Receive from the Federal Pell Grant?
For the 2014-2015 academic year, Federal Pell Grants range from $292 to $5,730, depending on your Expected Family Contribution and the number of hours in which you are enrolled
Awards are based on the following factors:
- Your status as a full-time, three-quarter-time, half-time, or less-than-half-time student at the end of the first week of classes each semester; waitlisted classes do not count toward enrollment
- Minimum enrollment is 1 credit hour per semester
- You must be pursuing your first undergraduate degree
- You can only receive the Pell Grant for up to six years, or 18 scheduled semester awards
How to Apply for a Federal Pell Grant
If you have a current FAFSA on file, you will automatically be considered for a Federal Pell Grant.
Federal SEOG Grant
If you qualify for a Federal Pell Grant, you may qualify for a Federal Supplemental Educational Opportunity Grant (SEOG).
Who Receives the Federal SEOG?
Federal SEOGs are awarded to students with an Expected Family Contribution of $0. You must also be receiving a Federal Pell Grant.
How Much Will I Receive from the Federal SEOG?
Federal SEOG amounts vary according to your need and from year to year. To receive a Federal SEOG, you must:
- Be enrolled in at least 1 credit hour
- Have an Expected Family Contribution of $0
- Be a Federal Pell Grant recipient
- Be working toward your first undergraduate degree
If you have filed your FAFSA by the IU Bloomington priority deadline (March 10) and have received a Federal Pell Grant, you will automatically be considered for a Federal SEOG.