Federal Pell GrantThe Federal Pell Grant is awarded to eligible to undergraduate students with financial need. It is considered gift aid that does not need to be repaid. The Pell Grant is based on enrollment (registered credits or billable hours) and the Expected Family Contribution (EFC), which is calculated after the FAFSA is submitted.
The amount of Federal Pell Grant funds students may receive is limited by federal law to be equivalent of six years of Pell Grant funding. The maximum amount of Pell Grant funding students can receive each year is equal to 100%, the six-year equivalent is 600%. The Department of Education tracks student’s Lifetime Eligibility Used (LEU) percentages. Students can log into their MyAid account with their FSA ID and password.
Beginning Summer 2018, the Department of Education announced full-time students could be eligible for the Pell Grant and receive a third disbursement during the same academic year. Full-time students must be eligible for the Pell Grant as determined by the Department of Education and be enrolled half-time (6 credits or billable hours). Students who attended part-time during the fall and spring semesters would still maintain remaining eligibility for the summer semester.
Federal Supplemental Educational Opportunity GrantThe Federal Supplemental Educational Opportunity Grant (FSEOG) is awarded to eligible undergraduate students with exceptional financial need and with the lowest EFC. Students receiving Federal Pell Grant receive priority for FSEOG awards. FSEOG is administered by Financial Aid office at CCBC and is considered campus-based funding.
Iraq and Afghanistan Service GrantStudents may be eligible to receive the IASG if:
- Students are not eligible for a Federal Pell Grant on the basis of your EFC, but
- Meet the remaining Federal Pell Grant eligibility requirements, and
- The student’s parent or guardian was a member of the US armed forces and died as a result of military service performed in Iraq or Afghanistan after the events of 9/11, and
- The student was under 24 years old or enrolled in college at least part-time at the time of the parent’s or guardian’s death.
The grant award is equal to the amount of a maximum Federal Pell Grant for the award year, minus any percentages reduced from the Budget Control Act of 2011.