• Federal Pell Grants usually are awarded only to undergraduate students who display exceptional financial need and have not earned a bachelor's, graduate, or professional degree. 
• A Federal Pell Grant, unlike a loan, does not need to be repaid.
• Students may not receive the Federal Pell Grant for more than 12 terms or the equivalent (roughly six years). 

Note: The following numbers are based on the 2022-2023 year and were determined by the Federal Government. Amounts are subject to change.     

Student Maximum Program Eligibilty
Academic Year 1: $6895
Academic Year 2: $3329