Description: Tags: 0304CODVol8Sec3PellCalculationTablevJan03
Description: Tags: 0304CODVol8Sec3PellCalculationTablevJan03
Introduction
The Federal Pell Grant Calculation chart briefly describes the programs of study and academic
calendar to which each Pell Grant Payment Methodology applies. It also documents the data
elements required for calculating the student’s Pell award under each methodology and the
acceptable range of values for each element. Finally, it depicts the relationship between
Scheduled Federal Pell Grant, Annual award, and the result of the Payment Methodology
calculation. For further details and examples of Pell Grant calculations, please refer to the
Student Financial Aid Handbook, Pell Grant chapter.
Payment Methodology Academic Enrollment Hours/Credits Hours/Credits Weeks used Week’s in Scheduled Annual Ceiling on
Calendar Status expected to in program’s to calculate program’s Federal Pell Award Expected
complete – Paid academic year payment academic Grant Total
from this award definition year Payment
year (aka Award
amount)
690.63 1 2,3,4 1 Blank Blank Blank Blank From Same as Same as
thru Student enrolled in Full-time Payment SFPG SFPG
690.67 eligible program: Schedule
for
(a) that measures EFC/COA
progress in credit
hours;
(b) that uses standard
terms;
(c) in which the fall
through spring
terms
(i) equal or exceed
30 weeks of
instructional
time;
or
(ii) equal or exceed
the weeks in its
academic year if
the program
receives a
waiver
2,3,4 2 Blank Blank Blank Blank Same as From ¾ Same as
¾ time above Disb Annual
Sched for award
EFC/COA
2,3,4 3 Blank Blank Blank Blank Same as From ½ Same as
½ time above time Disb Annual
Sched for award
EFC/COA
2,3,4 4 Blank Blank Blank Blank Same as From LT Same as
LT ½ time above ½ Disb Annual
Sched for award
EFC/COA
2,3,4 5 Blank Blank Blank Blank Same as Same as Same as
Other above SFPG Annual
award
Legend: LT = Less than; LE = Less than or equal to; GT = Greater than; GE = Greater than or equal to.
Payment Methodology Academic Enrollment Hours/Credits Hours/Credits Weeks used Week’s in Scheduled Annual Ceiling on
Calendar Status expected to in program’s to calculate program’s Federal Pell Award Expected
complete – Paid academic year payment academic Grant Total
from this award definition year Payment
year (aka Award
amount)
690.63 2 2,3,4 1 Blank Blank Numeric & Numeric & From Same as (Annual
thru Student enrolled in Full-time LE (g) & GE 30 & Payment SFPG Award *
690.67 eligible program: LT 30 LE 78 Schedule Weeks
for used to
(a) that measures EFC/COA calculate
progress in credit payment)/
hours; Weeks in
(b) that uses standard program’s
terms; academic
(c) in which the fall year
through spring
terms
(i) are less than 30
weeks of
instructional
time;
AND
(ii) the program
did not receive
a waiver of the
30 week
minimum
2,3,4 2 Blank Blank Numeric & Numeric & Same as From ¾ (Annual
¾ time LE (g) & GE 30 & above Disb Award *
LT 30 LE 78 Sched for Weeks
EFC/COA used to
calculate
payment)/
Weeks in
program’s
academic
year
2,3,4 3 Blank Blank Numeric & Numeric & Same as From ½ (Annual
½ time LE (g) & GE 30 & above time Disb Award *
LT 30 LE 78 Sched for Weeks
EFC/COA used to
calculate
payment)/
Weeks in
program’s
academic
year
Payment Methodology Academic Enrollment Hours/Credits Hours/Credits Weeks used Week’s in Scheduled Annual Ceiling on
Calendar Status expected to in program’s to calculate program’s Federal Pell Award Expected
complete – Paid academic year payment academic Grant Total
from this award definition year Payment
year (aka Award
amount)
690.63 2, continued 2,3,4 4 Blank Blank Numeric & Numeric & Same as From LT (Annual
thru Student enrolled in LT ½ time LE (g) & GE 30 & above ½ Disb Award *
690.67 eligible program: LT 30 LE 78 Sched for Weeks
EFC/COA used to
(a) that measures calculate
progress in credit payment)/
hours; Weeks in
(b) that uses standard program’s
terms; academic
(c) in which the fall year
through spring
terms
(i) are less than 30
weeks of
instructional
time;
AND
(ii) the program
did not receive
a waiver of the
30 week
minimum
2,3,4 5 Blank Blank Numeric & Numeric & Same as Same as (Annual
Other LE (g) & GE 30 & above SFPG Award *
LT 30 LE 78 Weeks
used to
calculate
payment)/
Weeks in
program’s
academic
year
Legend: LT = Less than; LE = Less than or equal to; GT = Greater than; GE = Greater than or equal to.
Payment Methodology Academic Enrollment Hours/Credits Hours/Credits Weeks used Week’s in Scheduled Annual Ceiling on
Calendar Status expected to in program’s to calculate program’s Federal Pell Award Expected
complete – Paid academic year payment academic Grant Total
from this award definition year Payment
year (aka Award
amount)
690.63 3 1,2,3,4 1 Blank Blank Numeric & Numeric & From Same as (Annual
thru Student enrolled in Full-time LE (g) GE 30 & Payment SFPG Award *
690.67 eligible program: LE 78 Schedule Weeks
for used to
(a) that measures EFC/COA calculate
progress in credit payment)/
hours; Weeks in
(b) that uses terms program’s
(standard or academic
nonstandard) year
1,2,3,4 2 Blank Blank Numeric & Numeric & Same as From ¾ (Annual
¾ time LE (g) GE 30 & above Disb Award *
LE 78 Sched for Weeks
EFC/COA used to
calculate
payment)/
Weeks in
program’s
academic
year
1,2,3,4 3 Blank Blank Numeric & Numeric & Same as From ½ (Annual
½ time LE (g) GE 30 & above time Disb Award *
LE 78 Sched for Weeks
EFC/COA used to
calculate
payment)/
Weeks in
program’s
academic
year
Payment Methodology Academic Enrollment Hours/Credits Hours/Credits Weeks used Week’s in Scheduled Annual Ceiling on
Calendar Status expected to in program’s to calculate program’s Federal Pell Award Expected
complete – Paid academic year payment academic Grant Total
from this award definition year Payment
year (aka Award
amount)
690.63 3, continued 1,2,3,4 4 Blank Blank Numeric & Numeric & Same as From LT (Annual
thru Student enrolled in LT ½ time LE (g) GE 30 & above ½ Disb Award *
690.67 eligible program: LE 78 Sched for Weeks
EFC/COA used to
(a) that measures calculate
progress in credit payment)/
hours; Weeks in
(b) that uses terms program’s
(standard or academic
nonstandard) year
1,2,3,4 5 Blank Blank Numeric & Numeric & Same as Same as (Annual
Other LE (g) GE 30 & above SFPG Award *
LE 78 Weeks
used to
calculate
payment)/
Weeks in
program’s
academic
year
Legend: LT = Less than; LE = Less than or equal to; GT = Greater than; GE = Greater than or equal to.
Payment Methodology Academic Enrollment Hours/Credits Hours/Credits Weeks used Week’s in Scheduled Annual Ceiling on
Calendar Status expected to in program’s to calculate program’s Federal Pell Award Expected
complete – Paid academic year payment academic Grant Total
from this award definition year Payment
year (aka Award
amount)
690.63 4 5 Blank Numeric & LE Numeric & GE Numeric & Numeric & From Same as (Annual
thru Student enrolled in (e) 900 & LE LE (g) GE 30 & Payment SFPG Award *
690.67 eligible program: 3120 LE 78 Schedule Weeks used
for to calculate
(a) that measures EFC/COA payment)/
progress in clock Weeks in
hours; program’s
or academic
(b) that measures year;
progress in credit (Results *
hours BUT DOES Hours
NOT HAVE expected to
TERMS complete –
Paid from
this award
year)/Hours
in
program’s
academic
year
definition
6 Blank Numeric & LE Numeric & GE Numeric & Numeric & Same as Same as (Annual
(e) 24 & LE 100 LE (g) GE 30 & above SFPG Award *
LE 78 Weeks used
to calculate
payment)/
Weeks in
program’s
academic
year;
(Results *
Hours
expected to
complete –
Paid from
this award
year)/Hours
in
program’s
academic
year
definition
Legend: LT = Less than; LE = Less than or equal to; GT = Greater than; GE = Greater than or equal to.
Payment Methodology Academic Enrollment Hours/Credits Hours/Credits Weeks used Week’s in Scheduled Annual Ceiling on
Calendar Status expected to in program’s to calculate program’s Federal Pell Award Expected
complete – Paid academic year payment academic Grant Total
from this award definition year Payment
year (aka Award
amount)
690.63 5 6 3 Numeric & LE Numeric & GE Numeric & Numeric & From From ½ (Annual
thru Student enrolled in ½ time (e) 24 & LE 100 LE (g) GE 30 & Payment time Disb Award *
690.67 eligible program; LE 78 Schedule Sched for Weeks used
nonresidential portion for EFC/COA to calculate
by correspondence and EFC/COA payment)/
NOT USING TERMS Weeks in
program’s
academic
year;
(Results *
Credits
expected to
complete –
Paid from
this award
year)/Credits
in program’s
academic
year
definition
1,2,3,4 3 Blank Blank Numeric & Numeric & From From ½ (Annual
½ time LE (g) GE 30 & Payment time Disb Award *
LE 78 Schedule Sched for Weeks used
for EFC/COA to calculate
EFC/COA payment)/
Weeks in
program’s
academic
year;
1,2,3,4 4 Blank Blank Numeric & Numeric & Same as From LT (Annual
LT ½ time LE (g) GE 30 & above ½ time Award *
LE 78 Disb Weeks used
Sched for to calculate
EFC/COA payment)/
Weeks in
program’s
academic
year;
Legend: LT = Less than; LE = Less than or equal to; GT = Greater than; GE = Greater than or equal to.