Facts of the Month

An Increase in Pell Grants

The increases are bigger than we expected. Students with a zero Expected Family Contribution (EFC) under the federal formula will have the maximum grant increased by $175, going from $5,920 to $6,095, The cutoff to receive a Pell Grant has been raised slightly from a $5,328 EFC to an EFC of $5,486, with the minimum Pell Grant set at $652.

Publication Date: May 2018