Do scholarships reduce the Pell Grant amount?

Answer According to Lewis and Clark University, Pell Grants are not reduced by external resources such as scholarships. The Pell Grant may only be reduced if the amount of external resources exceeded the ... Read More »

Top Q&A For: Do scholarships reduce the Pell Grant amount

Can you get both the Pell Grant&Bright Futures scholarships?

Yes. The Pell Grant is an income-based federal grant to eligible college students. The Bright Futures scholarship is awarded to college students from the state of Florida. Neither program excludes ... Read More »

What is the maximum amount of a Pell Grant?

The maximum amount of a Pell Grant for the 2010-11 school year is $5,550, up $200 from the previous year's maximum. Your fiscal need and student status will determine the amount of money you are aw... Read More »

Is a Pell grant amount for a year or a semester?

Each Pell grant award is for a one-year period. However, students must have award funds allocated to them at least once per term or twice in an academic year. It is also possible to receive two con... Read More »

Is there a limit on the amount you can receive from a Pell Grant?

The maximum Pell Grant award is set every granting year. For the 2010-11 academic year, this maximum award was $5,550. It is possible to receive two consecutive Pell Grants within a single granting... Read More »