Publication Date: January 13, 2010
| DCL ID: | P-10-01 |
Subject: 2010-2011 Federal Pell Grant Payment and Disbursement Schedules
Summary: The attachments to this letter contain the 2010-2011 Award Year Federal Pell Grant Program Payment and Disbursement Schedules.
This Dear Colleague letter has been superseded by Dear Colleague letter P-10-03 posted on April 8, 2010.
Dear Colleague:
Attached are both PDF and Excel versions of the Payment and Disbursement Schedules for determining Federal Pell Grant awards for the 2010-2011 Award Year—July 1, 2010 through June 30, 2011—for full-time, three-quarter-time, half-time, and less-than-half-time students. All 2010-2011 Federal Pell Grant awards must be based on the attached schedules.
Note that as we did for the 2009-2010 schedules, because of the additional cells needed to support the extended eligible Expected Family Contributions (EFC), we are presenting each of the schedules (full-time, three-quarter-time, half-time, and less-than-half-time) on two pages.
The maximum Federal Pell Grant award for the 2010-2011 Award Year is $5,550, which is an increase of $200 from the 2009-2010 Award Year. The maximum Pell eligible EFC is 4617 with a minimum award for a full-time student of $1,176. These amounts were established in the manner described in the paragraphs below.
On December 16, 2009, President Obama signed the Consolidated Appropriations Act, 2010 (P.L. 111-117), that established the maximum Federal Pell Grant award from appropriated funds for the 2010-2011 Award Year at $4,860, the same maximum award that was established by the 2009-2010 appropriations act. However, the College Cost Reduction and Access Act (CCRAA) (P.L. 110-84) provides for an automatic increase to the appropriated Federal Pell Grant maximum award for the 2010-2011 Award Year of $690, resulting in a 2010-2011 maximum award of $5,550. Since the CCRAA does not extend the maximum Federal Pell Grant eligible EFC beyond the EFC that was determined for the maximum Federal Pell Grant award set by the Consolidated Appropriations Act, 2010, an EFC of 4617 continues to be the maximum Pell eligible EFC for the 2010-2011 Award Year.
The Higher Education Opportunity Act (P.L. 110-315) modified the determination of the minimum Federal Pell Grant award. For 2010-2011, the minimum award is ten percent of the appropriated maximum, or $486. However, students who are eligible for at least five percent of the appropriated maximum ($243) are eligible for the minimum award of $486 plus the CCRAA added $690, for a total minimum award for a full-time student of $1,176.
In a forthcoming Electronic Announcement, we will provide schools with information on the implementation of the new 2010-2011 Pell Grant schedules into our systems. Please monitor the Information for Financial Aid Professionals (IFAP) Web site for this communication.
We appreciate your continued support in making Federal Pell Grant assistance available to students. If you have any questions regarding the attached 2010-2011 Federal Pell Grant Payment and Disbursement Schedules, please contact our Research and Customer Care Center staff. Staff is available Monday through Friday between the hours of 9:00 AM and 5:00 PM (Eastern Time) at 1-800-433-7327. After hours calls will be accepted by an automated voice response system. Callers leaving their names and phone numbers will receive a return call the next business day. Alternatively, you may fax an inquiry to the Research and Customer Care Center at (202) 275-5532, or e-mail the Care Center at fsa.customer.support@ed.gov.
Sincerely,
William J. Taggart
Chief Operating Officer