Summary: The attachments to this letter contain the 2019-2020 Award Year Federal Pell Grant Program Payment and Disbursement Schedules
Attached to this letter are both PDF and Excel versions of the Payment and Disbursement Schedules for determining Federal Pell Grant awards for the 2019-2020 award year (July 1, 2019 through June 30, 2020) for full-time, three-quarter-time, half-time, and less-than-half-time students. All 2019-2020 Federal Pell Grant awards must be based on the attached schedules. With the release of the 2019-2020 Free Application for Federal Student Aid (FAFSA®) on October 1, 2018, the Department is providing the Pell Grant Payment and Disbursement Schedules so that institutions may inform students and their families of their potential eligibility for a Federal Pell Grant.
On September 28, 2018, the President signed the Department of Defense and Labor, Health and Human Services, and Education Appropriations Act, 2019 (P.L. 115-245) which included an increase to the maximum Pell Grant. The maximum Pell Grant award for the 2019-2020 award year is $6,195, and the corresponding maximum Pell Grant eligible expected family contribution (EFC) is 5576.