Pell Grant for Undergraduate Students
Regent University participates in the Federal Pell Grant Program for undergraduate students.
To be considered for eligibility:
- Complete the Free Application for Federal Student Aid (FAFSA).
- Be regularly enrolled in a degree-seeking program.
- 2015 - 2016: $0-$5,775 (maximum annual award)
- 2016 - 2017: $0-$5,815 (maximum annual award)
Typically, Pell grant disburses in two equal parts per academic year (fall and spring semesters). Although disbursed at the beginning of a semester, students must earn their Pell by completing and participating in registered courses.
The Department of Education (ED) determines Pell grant awards on a sliding scale based on the combination of two factors:
- Expected Family Contribution (EFC): Your EFC is determined by information provided on the FAFSA. The Student Aid Report (SAR) lists your EFC and details the overall FAFSA results. ED phrases the EFC as a dollar amount and it represents the expected financial contribution from you (and your family) toward the cost of your education; however, it does not imply an obligation to pay out-of-pocket. It does place all students within a "need category" designed to determine eligibility for Pell grant, Stafford Loans, etc.
- Enrollment Status: The number of credits you take in a semester determines the amount of your awarded Pell grant you may receive. Full-time enrollment provides students with the maximum Pell grant disbursement awarded for a specific semester. Pell grants pro-rate based on a student's enrollment below full-time status. Below is a chart to help you determine what your enrollment status is for each semester:
# of Credits Per Semester
|Full Time||12+ credits|
|3/4 Time||9-11 credits|
|1/2 Time||6-8 credits|
|Less than 1/2 Time||0-5 credits|
Note: Students enrolled in the 8-week online or on-campus program have the ability to register in each of two sessions per semester. If you recieve Pell grant or other federal financial aid and enroll in the 8-week program, it is recommended that you enroll for both semester sessions before the semester begins to ensure that you maximize your federal aid eligibility.