/Institutions/Neumont-University/json/2013-2014/Catalog-local.json

/Institutions/Neumont-University/json/2013-2014/Catalog.json

Federal Pell Grant

This grant is designed to assist students who desire to continue their education beyond high school. Federal Pell Grants are only awarded to undergraduate students who have not earned a Bachelor or professional degree. Each student is entitled to apply for a Federal Pell Grant.

Eligibility is determined by the student’s need, the cost of attendance, and the amount of money appropriated by Congress to fund the program. The amount of the grant is determined by a standard formula used by the U.S. Department of Education.

The amount of grant available to the student will depend on the Expected Family Contribution (EFC) and the Cost of Attendance (COA). See www.fafsa.gov for current amounts.

For many students, the Federal Pell Grant provides a “foundation” of financial aid to which other aid may be added to defray the cost of a college education. Students or prospective students may secure an application to participate in the Federal Pell Grant program from the Office of Financial Aid or from a high school counselor.

The application are transmitted electronically through a federally approved needs analysis system that will determine the applicant’s EFC.