Calculating Pell Grant Lifetime Eligibility Used

Calculating Pell Grant Lifetime Eligibility Used

The amount of Federal Pell Grant funds a student may receive over his or her lifetime is limited by a new federal law to be the equivalent of six years of Pell Grant funding. Since the maximum amount of Pell Grant funding a student can receive each year is equal to 100%, the six-year equivalent is 600%.

How is my Pell Grant Lifetime Eligibility Used calculated?

Scheduled Award: The maximum amount of Pell Grant funding you can receive is calculated for an “award year.” An award year is a period from July 1 of one calendar year to June 30 of the next calendar year. Your “scheduled award” is partially determined by using your expected family contribution (EFC) that is calculated from the information you (and your family) provided when you filed your FAFSA. Your scheduled award is the maximum amount you would be able to receive for the award year if you were enrolled full-time for the full school year. Your scheduled award represents 100% of your Pell Grant eligibility for that award year.

Percent Used: To determine how much of the maximum six years (600%) of Pell Grant you have used each year, the Department compares the actual amount you received for the award year with your scheduled award amount for that award year. Of course, if you receive the full amount of your scheduled award, you will have used 100%. Some students do not receive their entire scheduled award for an award year. There are a number of reasons for this, the most common of which are that the student was not enrolled for the full year or that the student was not enrolled full-time, or both.

If you did not receive the full amount of your scheduled award, we calculate the percentage of the scheduled award that you did receive. For example, if your scheduled award for an award year is $5,000, but because you were enrolled for only one semester you received only $2,500, you would have received 50% of the scheduled award for that award year. Or if you received only $3,750 for the award year because you were enrolled three-quarter-time and not full-time, you would have received 75% for that year.

Lifetime Eligibility Used (LEU): The Federal Department of Education keeps track of your LEU by adding together the percentages of your Pell Grant scheduled awards that you received for each award year. You can determine how much Pell you have used and what you have remaining at http://www.studentaid.ed.gov/.

Announcements

Exterior Campus Lighting Project

Work will begin Monday morning on replacing the light fixtures on the west loop road (main road in front of the College. Workers will be installing  new fixtures from the north and south ends concurrently. The road will be partially blocked in order to do the work.
 
Please be very careful and slow down.

15 to Finish: Add a Late-Start Class Today

Take at least 15 credit hours per semester and you'll be closer to graduation and closer to your career. There’s still time to add a class to your schedule. Late-start courses begin Feb. 23 and March 23.
   
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MyTuition Guarantee

LCCC students now have the opportunity to participate in the MyTuition Guarantee. This new program holds tuition and fee rates for students registering in fall 2014 and spring 2015 for up to three years or until the completion of a degree, whichever comes first.
  
Click here to learn more and to complete the Completion Pledge. 

MyUniversity

Students can save up to 80 percent on the cost of a traditional college degree. Learn more at www.lorainccc.edu/myuniversity.

Dean's List

Congratulations to the hardworking students who were named to the Dean’s List for fall 2014.  If you think you made the Dean’s List for fall semester, check your LCCC email account for an official confirmation from LCCC. See the full list of students named to the Dean’s List at www.lorainccc.edu/deanslist.

Earn College Credit For Work and Life Experience

Attend an information session for Prior Learning Assessment and find out about the methods used to help you earn college credit for what you have learned through work and life experiences.
 
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Financial Aid Filing Fairs

LCCC will offer free help for anyone filing a FAFSA form - regardless of the college they plan to attend - at a series of Financial Aid Filing Fairs held in February and March. Click here for details and to register online.

Sign Up for Text Alerts

Sign up to receive text message alerts in the event of campus emergencies, campus closings, campus power outages and severe weather announcements at www.lorainccc.edu/alerts.

Softball Team Tryouts

The LCCC Softball Team will host tryouts from noon to 1 p.m., February 21 and 22 in the Ewing Center Field House. Learn More.

MBA Program Begins in Fall 2015

Beginning in fall 2015, Youngstown State University’s Williamson College of Business Administration will offer a master’s of business administration degree through the University Partnership. Learn more.