Financial Aid

YEAR ROUND PELL FAQS

Q1:       What is Year-Round Pell Grant?
A1:  The US Department of Education Appropriations Act, 2017, allows a student to receive Federal Pell Grant funds for up to 150 percent of the student’s Pell Grant Scheduled Award for an award year.  This provision is effective beginning with the 2017-2018 award year.

Q2:       Will I be eligible for Year-Round Pell?
A2:  To be eligible for the additional Pell Grant funds, the student must be otherwise eligible to receive Pell Grant funds for the payment period and must be enrolled at least half-time, in the payment period, for which the student receives the additional Pell Grant funds, in excess of 100 percent of the student’s original Pell Grant Scheduled Award.

Q3:       When will I know if I am eligible for Year-Round Pell?
A3:  South Louisiana Community College will update and display your Year-Round Pell in early March 2020.  The available amount will be calculated based on your Pell Grant usage and remaining eligibility at the 100% scheduled award plus the additional 50%.

Q4:       How much may I receive in Year-Round Pell?
Student A:  has a zero EFC and is eligible for a full Federal Pell Grant for the 19-20 aid year. Student A was enrolled full time for the Fall and Spring semesters and received full Pell disbursements based on credits enrolled. With SUMMER PELL; the student will now be eligible to receive a full disbursement in SUMMER.

Students must use 100% of initial Pell Grant in Fall and Spring in order to expand to 150% Pell Grant Eligibility for the Summer

 

Scenario 1

Fall 19

202010

Spring 20

202020

Summer 20

202030

Enrollment

12 credit hours

12 credit hours

12 credit hours

EFC

0

0

0

Pell awarded

$3048 (50%)

$3048 (50%)

$3048(50%)

 Tuition and Fees

$2102.52

$2102.52

$2102.52

Refund

$945.48

$945.48

$945.48

Balance Due

$0.00

$0.00

$0.00

Student B: has a zero EFC and is eligible for a full Federal Pell Grant for the 19-20 aid year. Student B was enrolled full time for the Fall and Spring semesters and received full Pell disbursements based on credits enrolled.  With SUMMER PELL; the student will now be eligible to receive a full disbursement in the SUMMER based on eligibility for 6 credits.

Students must use 100% of initial Pell Grant in Fall and Spring in order to expand to 150% Pell Grant Eligibility for the Summer

 

SCENARIO 2

 

Fall 19

202010

 

Spring 20

  202020

 

Summer 20

     202030

Enrollment

12 credit hours

12 credit hours

6 credit hours

EFC

0

0

0

Pell awarded

$3048 (50%)

$3048 (50%)

$1524 (25%)

Tuition and Fees

$2102.52

$2102.52

$1058.76

Refund

$857.48

$857.48

$465.24

Balance Due

$0.00

$0.00

$0.00

Student C: has a zero EFC and is eligible for a full Federal Pell Grant for the 19-20 aid year. Student B was enrolled full time for the Fall semester and enrolled 3/4th time for the Spring and received full Pell disbursements based on credits enrolled.  With SUMMER PELL; the student will now be eligible to receive a full disbursement in the SUMMER.

Students must use 100% of initial Pell Grant in Fall and Spring in order to expand to 150% Pell Grant Eligibility for the Summer

SCENARIO 3

 

Fall 19

202010

 

           Spring 20

202020

 

Summer 20

202030

Enrollment

12 credit hours

9 credit hours

12 credit hours

EFC

0

0

0

Pell awarded

$3048 (50%)

$2285 (37%)

$3048 (50%)

Tuition and Fees

$2102.52

$1580.64

$2102.52

Refund

$945.48

$704.36

$945.48

Balance Due

$0.00

$0.00

$0.00

Key Terms:

Expected Family Contribution (EFC) is a term used in the college financial aid process in the United States  to determine an applicant's eligibility for need-based federal student aid such as Pell Grant.

Full time Enrollment Undergraduate students are assessed full time enrollment for registration from 12 or more credit hours

Tuition and Fees are the costs that are paid directly to the College by the student.

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