The lifetime limit is usually calculated according to the number of years, and not by the cash. A full-time student’s prize constitutes 100% of Pell Grants entitlement for that year, irrespective of the amount. The overall grant amount is confined to the equivalent of six years or 12 semesters of study; the lifetime limit set for the federal Pell Grant program is 600%.

It is conceivable to exhaust all your financial support before the six-year. Howbeit, since the annual caps change each year, there is no measure of cash delegated to the Pell Grant lifetime limit. Pell Grant is a need-based federal award available for undergraduates who meet the criteria, depending on their family’s average earnings.

Pell Grants, unlike student loans, don’t need to be reimbursed. Pell Grants are only accessible to individuals who do not currently hold a bachelor’s degree and can be utilized at community colleges, technical schools, and undergraduate degree programs.

Note that graduate and professional programs are not eligible for these grants. The percentage restriction was implemented to promote graduation while also reducing federal spending. Students are required to finish the Free Application for Federal Student Aid (FAFSA) before the closing date to enable them to sign up for a Pell Grant.

The FAFSA can also be used to ascertain your eligibility for federal student loans and other forms of financial assistance. To calculate your Expected Family Contribution (EFC), the FAFSA enquires about almost everything regarding your family’s income and assets. If your EFC is less than the fixed amount, you may be eligible for the Pell Grant.

The precise figure of a Pell Grant varies by year; an award for 2021-22 is about $6,495, and the amount you obtain will be determined by a number of elements, such as your EFC, the expense of participation at your university, and if you are a full-time or part-time student.

Necessary Things to Know About Federal Pell Grant

Most people understand the fundamentals, but there are several other things you might not know about the Pell Grant, they include the following:

  1. Pell Grants cannot be used indefinitely

Pell Grants are renewable every semester, and students will only obtain this funding for 12 semesters and can surpass their lifetime entitlements for the grants. Have in that, as long as a family keeps showing economic need, the amount you could receive is limited.

  1. Some academic institutions do not accept Pell Grants

Even when you are qualified due to your financial necessities, it is imperative to know that most institutions do not partake in this financial assistance program. In that case, if you think your household’s income qualifies you for a Pell Grant, make sure you first verify with the university.

  1. FAFSA is the best Pell Grants criterion

There is one possible way to know if you qualify for a Pell Grant: Fill out the FAFSA, or Free Application for Federal Student Aid. Since the Pell Grant is a federal program, you must apply through the department of education to receive financial support.

  1. To receive it, you must sustain your grades

You must maintain your grades in order to continue receiving the Pell Grant. Have in mind that you may end up losing entitlement if you do not continue making acceptable school performance. Consult your institution to find out the lowest GPA for remaining in good academic standing and receiving financial support.

  1. The amount given to each student fluctuates

The highest amount each student received in Pell Grant funds for the 2021-2022 school year was $6,495. However, not everybody who receives a Pell Grant will receive the maximum amount.

The earnings of your household are used by the department of education to ascertain, not just your appropriateness, but also the size of the award. Note that the amount is also affected by your enrollment status. If you are enlisted at less than half-time, you may not receive the whole amount.

  1. You are qualified for one grant every semester

Obtaining a Pell Grant is a long-term commitment. Students from low-income households who show monetary need on the FAFSA each school year are eligible for a Pell Grant. Note that finances are not distributed based on a first come, first served. The department of education provides financial assistance to eligible students, irrespective of when they apply.

  1. They can be used for other purposes rather than tuition

Most people believe that Pell Grants are only used to pay for college, but the cash can be utilized for other relevant matters. Pell Grant funds can be utilized to support any school-related expenses.

  1. If you already have a degree, you are not eligible for a Pell Grant

Students with a bachelor’s degree are not eligible for Pell Grants. Prospective teachers are an exception to this guideline. Students who have completed their undergrad programs, and are willing to go back to college and obtain a teaching certificate may be eligible for the Pell Grant.

  1. They are usable during the summer semester

Several folks think that Pell Grants are only accessible during the fall and spring semesters, but a recent change in rules has advanced Pell Grants in other to include summer courses.

  1. Children of fallen soldiers may qualify for extra financial assistance

If one’s parent passed away while working in the military, especially during Iraq and Afghanistan campaigns, and was under the age of 24 or enlisted in the institution at that period, the child will be eligible for extra Pell Grants funding.

The department of education may determine your award as though your parent’s income was zero in certain situations. To obtain the award increment, you would have to be eligible for the Pell Grant. If your family’s household earnings are high, you might qualify for the Iraq and Afghanistan Service Grant rather.


Pell Grants are among the prevalent types of economic support received by American college students. Each year, a large number of students across the country utilize Pell Grant funds aid to cater for their college expenditures. The best part of these grants is that they are not to be repaid, unlike loans.

Notwithstanding, the Pell Grant’s lifetime limit is 100% of the overall level of assistance you might obtain every year, for six years a total of 600% of your planned grant quantity.