Pell Grants are need-based grants awarded to undergraduate students who have not earned a bachelor’s or a professional degree directly by the federally funded Pell Grant Program for a federal maximum of 12 semesters. If the amount of Pell Grant is not known or is estimated by the Office of Financial Aid at the time of the initial award announcement, the amount of the Bryn Mawr grant will change so that the total grant aid will remain the same. Only U.S. Citizens and eligible noncitizens are eligible for federal aid programs. More information concerning federal eligibility may be found at: www.studentaid.gov/eligibility
Lifetime Pell Grant Limit: The amount of Pell Grant funds a student may receive over her lifetime is limited by a new federal law to be the equivalent of six years of Pell Grant funding. The maximum amount of Pell Grant funding a student can receive each year is equal to 100%, the six-year equivalent is 600%. More information about Pell Grant lifetime can be found at http://studentaid.ed.gov/types/grants-scholarships/pell/calculate-eligibility.
Pell Grant Credit Balance: Pell eligible students whose federal disbursed funds would create a credit balance are able to receive an advance of funds to purchase books and supplies no later than the 7th day from the start of classes. The amount of the advance will be the lesser of the presumed credit balance or the amount needed by the student as determined by the College.