Home News 2019-2020 Federal Pell Grant Payment and Disbursement Schedules – IFAP

2019-2020 Federal Pell Grant Payment and Disbursement Schedules – IFAP

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Summary: The attachments to this letter contain the 2019-2020 Award Year Federal Pell Grant Program Payment and Disbursement Schedules

Dear Colleague:

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.

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