Federal Pell Grant

The Federal Pell Grant Program provides need-based grants to undergraduate students to promote access to postsecondary education. Over $7,000,000 is paid annually to ISU students. Federal regulations prohibit a student from receiving a Pell grant for longer than 12 semesters.

Eligibility

Student must:

• Have a valid Free Application for Federal Student Aid (FAFSA) on file;
• Be working toward his or her first bachelor's degree;
• Demonstrate exceptional financial need; 
• Attend all courses in order to keep the grant. Failure to attend all courses could result in a reduction of Pell Grant funds;
• Be making satisfactory academic progress (SAP).

No separate application is required for this program.

Amount

Awards currently range from $740 to $7,395 per year for those who qualify. Grant amounts can vary based on the following:

• The student's credit hours of enrollment on the 7th day of class (amounts awarded begin at 1 credit hour and are maximized at full time enrollment);
• The student aid index (SAI) according to the FAFSA;
• The cost of attendance (COA) as determined by the institution; and
• Whether the student has exceeded or is approaching the 6-year limit for receiving the Pell Grant.

Notification and Disbursement

If eligible, the Federal Pell Grant will be listed on the student's award notification as well as posted to the MyISU Portal account. Funds are applied directly to the student's ISU account approximately ten days before the start of the applicable semester.

6 Year Limit

Students may view their Pell Grant history and verify their lifetime percentage used by accessing their personal information at StudentAid.gov

1. Go to http://studentaid.gov/
2. Log in and continue through the steps verifying phone number and email address.
3. From your dashboard screen, click on View Details, then you should see tabs for Loans and Grants. Select the Grants tab to see your Pell activity.
4. Students who have questions or concerns should contact the Office of Student Financial AId.