Grants, which do not have to be repaid, are awarded to students on the basis of financial need.
Federal Pell Grant - The Federal Pell Grant is the largest federally funded grant program. The Federal Pell Grant provides a foundation of financial aid to which other aid may be added and for which a student may apply for assistance. Federal Pell Grant awards range from approximately $762 - $6,095 for the 2018-2019 academic year. To be eligible for a Federal Pell Grant a student must complete the current year Free Application for Federal Student Aid (FAFSA). The award amount is based on the student’s enrollment status and the Expected Family Contribution (which is the result of the FAFSA). Students who have earned a Bachelor's or Professional Degree are not eligible to receive Federal or State Grants. More information is available at www.fafsa.gov.
Click here to learn How your Pell Grant Lifetime Eligibility Used (LEU) is calculated.
Click here to see your Pell Grant Lifetime Eligibility Used (LEU) percentage.
A student’s eligibility to receive a Federal Pell Grant is limited to twelve (12) full-time semesters (or its equivalent). The duration of eligibility will include all years of the student’s receipt of Federal Pell Grant funding.
Beginning summer 2018, Pell Grant eligible students can receive up to 150% of their scheduled Pell award each year. What does this mean for you? If you were a Pell eligible student in fall 2017 and/or spring 2018, you may qualify for a Pell Grant for summer 2018!
To be eligible for a summer Pell Grant, you must:
- · Have completed a 2017-2018 FAFSA
- · Be Pell Grant eligible
- · Enroll in summer classes
- · In most cases, there is a requirement to enroll at least half-time (6+ credits)
- · Be maintaining Satisfactory Academic Progress (SAP)
- · Have lifetime Pell Grant eligibility remaining
Important facts to note:
- · Pell Grant alone may not enough to cover the full cost of attending classes in the summer.
- · Many students use their full loan eligibility over the fall and spring semesters, leaving nothing available for summer. If possible, students should reserve some of their annual federal loan eligibility for the summer.
- · Eligible students may receive up to three Pell awards in one academic year.
- · The maximum timeframe that students may receive Federal Pell Grant is the equivalent of twelve full-time semesters. One full-time semester of Pell equals 50% of the annual award.
Check Your Life-Time Eligibility
You can check for your remaining eligibility level online by logging on to nslds.ed.gov using your FSA ID. View your Lifetime Eligibility Used (LEU) on the Financial Aid Review page.
Minimum Credits for Summer Pell Grant
- If you enrolled full-time(12+ credits) and received the full-time Pell Grant amount for fall 2017 and spring 2018, you must enroll at least half-time (6+ credits) in summer classes to receive a summer Pell Grant.
- If you enrolled part-timefall 2017 or spring 2018, there is no minimum credit requirement to receive a summer Pell Grant (unless required by your EFC). You can use the remainder of your annual Pell Grant amount during summer with no minimum credit requirement.
Awarding Begins in April
Summer registration at MACC begins on April 11, 2018. Summer financial aid awarding will begin in mid-April. After you register for classes, you will be awarded Pell Grant funds for which you are eligible for summer. If you have remaining loan eligibility, you must complete a new Student Loan Data Sheet and submit to the Financial Aid Office for the summer semester.
Dropping, Withdrawing or Failing Classes
It is possible that you could owe money back for all or part of your Federal Pell Grant if you do not complete classes in which you registered for the summer. The amount you may owe will be calculated based on the drop date, the number of credits and the last day you attended classes.
Pell Grant Amount Depends on Enrollment
Your summer Pell Grant amount will depend on the number of credits in which you are registered, as well as your Pell Lifetime Eligibility Used (LEU). The Pell Grant amount will be adjusted just prior to the release (disbursement) of your aid based on your enrollment level. Enrollment levels are defined in the following manner:
12+ credits = 100% of the semester Pell Grant amount
9-11 credits = 75% of the semester Pell Grant amount
6-8 credits = 50% of the semester Pell Grant amount
- A student with an Expected Family Contribution (EFC) of $0 is eligible for $5,920 in Pell grant for the 2017-2018 year, or $2,960 for the fall semester and $2,960 for the spring semester.
- Under the YRP program, this student could receive an additional $2,960 for the summer semester if they enrolled full-time (12 credits).
- If the student enrolls half-time (six credits) in the summer semester, the student would receive a $1,480 Federal Pell Grant for summer, or one-half (50%) of a full award.
Federal Supplemental Education Opportunity Grant (SEOG) – This grant is awarded to students demonstrating exceptional financial need. Students must qualify for a Pell Grant to be eligible for SEOG and priority is given to students with a zero (0) EFC (per the FAFSA results). The typical award is $150 per semester to eligible recipients and funding for this grant is contingent upon MACC’s SEOG allocation from federal funding.
Access Missouri Financial Assistance Program – To be eligible to receive the award, you must: Complete the FAFSA by February 1 with a resulting EFC of $12,000 or less, maintain satisfactory academic progress, be enrolled full time at a participating Missouri school and not be pursuing a degree or certificate in theology or divinity. Awards vary depending on your EFC and the type of school you are attending. Awards at two-year institutions range from $300 to $1,300 annually and are contingent upon state funding for this program.
Marguerite Ross Barnett Scholarship Program - This scholarship was established for students who are employed while attending school part-time. To be eligible, you must demonstrate financial need and be enrolled at least half-time (6 hours) but less than full-time (12 hours) and be employed and compensated for at least 20 hours per week. The maximum scholarship is the actual tuition charged for part-time enrollment. Click here for a copy of the application. Complete and return to the MACC Financial Aid Office by July 1.