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Code of Federal Regulations Title 34. Education § 34.690.62 Calculation of a Federal Pell Grant

Current as of January 02, 2025 | Updated by Findlaw Staff

(a) The amount of a student's Pell Grant for an academic year is based upon the payment and disbursement schedules published by the Secretary for each award year.

(b) No payment may be made to a student if the student's annual award is less than $200. However, a student who is eligible for an annual award that is equal to or greater than $200, but less than or equal to $400, shall be awarded a Federal Pell Grant of $400.

(Authority:  20 U.S.C. 1070a(a)(2))

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Cite this article: FindLaw.com - Code of Federal Regulations Title 34. Education § 34.690.62 Calculation of a Federal Pell Grant - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-34-education/cfr-sect-34-690-62/

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