Federal Pell Grant
Federal Pell Grants provide federal need-based funds to students who meet certain Expected Family Contribution (EFC) guidelines as a result of filing a Free Application for Federal Student Aid (FAFSA) AND meet the financial aid basic eligibility requirements. Grants do not require repayment.
Federal Pell Grants are not available to anyone who has received a bachelor’s degree or owes a refund for a previous Federal Pell Grant, or any Title IV Aid Program funds, or is in default of a Federal Stafford Loan, SLS Loan, or PLUS loan.
Students may only receive Federal Pell Grants for the equivalent of twelve (12) semesters of full-time enrollment at any institution. This applies to all students who have ever received a Federal Pell Grant.
Students do not have to be enrolled full-time to receive Pell Grant. Pell funds are initially awarded based on full-time enrollment status, but may be adjusted and disburse a lesser amount based on a student’s current enrollment. Students taking 12 or more credit hours are considered full-time and receive 100% of their term award; 9-11 credit hours is considered ¾ time and receive 75% of the term award; 6-8 credit hours is considered ½ time and receives 50%; and 5 or fewer credit hours is less than ½ time, and received 25% of the term award.
Pell Grant funds are awarded with the assumption that the student will attend and complete the entire term. If a student totally withdraws from school before 60% of the term has been completed, federal regulations require that Federal Pell Grants to be recalculated to determine the portion of the Pell award the student is entitled to. If the student has received Pell Grant funds in excess of this new award amount, he/she may owe a balance back to CTC. If the student has received a financial aid refund for the term they will be notified of any amount to be repaid. Any student who owes a balance due to a financial aid over award will be ineligible for further financial aid assistance until these funds have been repaid.
Pell Grant and Mini-Terms
U.S. Department of Education mandates that Pell Grant disbursement be made based on the student’s attending hours—not simply the hours (credits) for which a student is registered.
Certain programs/majors at CTC offer classes that do not last the entire semester. Course 1 may last 3 weeks, then the student begins Couse 2, then Course 3, etc. (all within the same semester). Pell Grant is paid when attendance begins per class, even though the student may be registered for all classes at the beginning of the term. The student’s Pell would be disbursed in increments. By the end of the semester, the student will have been paid 100% of that semester’s Pell Grant eligibility.
A student who never begins attendance in a class will be refunded tuition and fees associated with that class(es). Additionally, any financial aid awarded or disbursed for that class(es) is also removed.