Summary: This letter contains the 1995-96 Federal Pell Grant Program payment and disbursement schedules.
Summary: This letter contains the 1995-96 Federal Pell
Grant Program payment and disbursement schedules.
FEDERAL STUDENT FINANCIAL AID HANDBOOK
REFERENCE: Please refer to Chapter 4 of the 1995-96 Handbook
for further assistance.
Enclosed are the payment and disbursement schedules for
determining Federal Pell Grant awards during the 1995-96
award year -- July 1, 1995, to June 30, 1996. The 1995-96
schedules consist of four separate tables for calculating
scheduled awards and disbursements for full-time,
three-quarter-time, half-time, and less-than-half-time
The Departments of Labor, Health and Human Services,
Education, and Related Agencies Appropriations Act, 1995 ( Public
Law 103-333) sets the amount of the maximum Pell Grant
award at $2,340 for 1995-96. The appropriations act
allocates approximately $6.2 billion for Federal Pell Grant awards
We appreciate your continued support in making Federal Pell
Grant assistance available to students. If you have any questions
regarding the payment and disbursement schedules or the
calculation of awards, please do not hesitate to contact Steve
Carter at (202)708-7888.
William L. Moran
Director, Student Financial