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Year-Round Pell Grant & Summer AidFinancial Aid

Beginning with the 2017 – 2018 academic year, eligible students may now receive a full Federal Pell Grant for the summer term even if they received a full Federal Pell Grant during the fall and spring semesters. Year-Round Pell allows you to receive up to 150 percent of a regular grant award over the course of the academic year so that you can continue taking classes in the summer and finish your degree faster.

Eligibility Requirements

To be eligible for additional Federal Pell Grant funds, you must

  • Be eligible to receive Federal Pell Grant funds for the payment period
  • Be enrolled at least half time in the payment period
  • Be maintaining Sasfactory Academic Progress (SAP)
  • Be taking courses required for your program of study

Things to Keep in Mind

  • The summer term is shorter than fall and spring semesters — consult with your academic advisor to develop a manageable courseload. Failing to complete classes successfully will affect your SAP
  • All Federal Pell Grant funds received will be included in determining your Lifetime Eligibility Used (LEU)
“Student A” has a zero Expected Family Contribution (EFC) and is eligible for a full Federal Pell Grant for the 2017 – 2018 academic year. Student A was enrolled full time for the fall and spring semesters and received a full Federal Pell Grant. With the implementation of Year-Round Pell, Student A will now be eligible to receive a full Federal Pell Grant award in summer if enrolled full time and all other eligibility requirements are met.

Student A Fall 2017 Spring 2018 Summer 2018
Enrollment 12 credit hours,
full time
12 credit hours,
full time
12 credit hours,
full time
EFC 0 0 0
Pell Awards $2,960 (50%) $2,960 (50%) $2,960 (50%)

“Student B” has a zero EFC and is eligible for a full Federal Pell Grant for the 2017 – 2018 academic year. Student B was enrolled full time for the fall and spring semesters and received a full Federal Pell Grant. With the implementation of Year-Round Pell, Student B will now be eligible to receive a half-time award in summer if enrolled half time and all other eligibility requirements are met.

Student B Fall 2017 Spring 2018 Summer 2018
Enrollment 12 credit hours,
full time
12 credit hours,
full time
six – eight credit hours,
full time
EFC 0 0 0
Pell Awards $2,960 (50%) $2,960 (50%) $1,480 (25%)

“Student C” has a zero EFC and is eligible for a full Federal Pell Grant for the 2017 – 2018 academic year. Student C was enrolled full time for the fall and spring semesters and received a full Federal Pell Grant, but only enrolls for less than half-time credits for summer (one to five credit hours). With the implementation of Year-Round Pell, Student C is not eligible for Year-Round Pell for summer.

Student C Fall 2017 Spring 2018 Summer 2018
Enrollment 12 credit hours,
full time
12 credit hours,
full time
one – five credit hours,
less than half time
EFC 0 0 0
Pell Awards $2,960 (50%) $2,960 (50%) $0

Summer Aid

Students who don’t enroll full time for the fall and spring semesters can still use any unused Federal Pell Grant funds for summer. For the summer term, unused Federal Pell Grant funds from fall and/or spring differs from the Year-Round Pell that was allowed by the Department of Education. Therefore, you may not need to attend half time to qualify for this funding; however, all other eligibility requirements apply. Please keep in mind that the North Carolina Community College Grant and the North Carolina Educational Lottery Scholarship aren’t available for the summer term.

“Student D” has a zero EFC and is eligible for a full Federal Pell Grant for the 2017 – 2018 academic year. Student D was enrolled full time for the fall and three-quarter time for spring and received disbursements according to the enrollment status. Student D is not eligible for Year-Round Pell for summer, but may qualify for any unused Pell from the spring semester.

Student D Fall 2017 Spring 2018 Summer 2018
Enrollment 12 credit hours,
full time
nine credit hours,
three-quarter time
one – five credit hours,
less than half time
EFC 0 0 0
Pell Awards $2,960 (50%) $2,220 (37.5%) $740 (12.5%)

Contact

Contact the Financial Aid Office at 252-335-0821 and select opon “2” for any questions regarding summer eligibility.