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This resource is being maintained for historical purposes only and is not currently applicable.

Federal Pell Grant Program - Contents

AwardYear: 1996-97
EnterChapterNo: 4
EnterChapterTitle: Federal Pell Grant Program
SectionNumber:
SectionTitle: Contents
PageNumbers:

CONTENTS

CHAPTER 4
FEDERAL PELL GRANT PROGRAM

INTRODUCTION (1)
Updates (1)

SECTION 1: STUDENT ELIGIBILITY (3)
General Eligibility Requirements (3)
Undergraduate Student (4)
Duration of Eligibility (5)
The EFC and Federal Pell Grant Eligibility (5)
Documenting the Student's Eligibility for Payment .(6)

SECTION 2: CALCULATING THE FEDERAL
PELL GRANT (9)
Basic Concepts (9)
Choosing a Formula (11)
Determining Enrollment Status (14)
Calculating the Cost of Attendance (18)
Determining the Annual Award (22)
Determining the Payment Periods (23)
Calculating the Payment for a Payment Period (27)
Checking Remaining Eligibility: Crossover
Payment Periods (35)
Summer Terms (36)
Checking Remaining Eligibility: Transfer Students (39)
Two Mathematical Notes (42)

SECTION 3: SPECIAL PROGRAM
CONSIDERATIONS (43)
Consortium Agreements (between Eligible Schools) (43)
Cooperative Education (46)
Correspondence Study (47)
Correspondence Study Combined With Regular Study (50)
Foreign Study (51)
Incarcerated Students (51)
Job Training (JTPA) Programs (51)
Remedial Coursework (52)
Terms with Clock Hours (53)

SECTION 4: DISBURSING FEDERAL PELL
GRANT AWARDS (55)
School Certification and Student Eligibility (55)
Methods of Disbursement (56)
First Payment Options (57)
Timing of Payments (57)
Students Who Withdraw and Later Return (60)

SECTION 5: RECALCULATING FEDERAL
PELL GRANT AWARDS (63)
Change in the EFC (63)
Change in Enrollment Status . (64)
Change in Cost of Attendance (65)

SECTION 6: OVERPAYMENTS AND OVERAWARDS(67)
Overpayments (67)
Financial Aid Transcripts (68)
Reporting Overpayments Collected (69)
Problems in Collecting Overpayments (69)
Preventing Overawards (70)

SECTION 7: REPORTING DISBURSEMENTS (73)
Reporting Methods (74)
Payment Data (75)
Specific Payment Data Items (76)
Reporting Deadlines (79)
Processed Payment Data and Batch Reports (81)
Reporting Changes (83)
Student Payment Summary (85)
Requesting Funds (88)

APPENDIX A: CALCULATION SUMMARIES
BY FORMULA (89)

APPENDIX B: DESCRIPTION OF THE STUDENT
PAYMENT SUMMARY (99)

APPENDIX C: STUDENTS APPEARING MORE
THAN ONCE ON THE SPS (107)

APPENDIX D: RECONCILING STUDENT PAYMENT
DATA USING THE SPS (111)

APPENDIX E: 1996-97 PELL PAYMENT AND
DISBURSEMENT SCHEDULES (115)