Federal Pell Grant

Federal Pell Grants

If you’re an undergraduate working toward your first bachelor’s degree and you need money to pay for your education, you may be eligible for a Federal Pell Grant. To qualify, you must:

You can receive the Federal Pell Grant for up to the equivalent of six years (12 scheduled semester awards). If you have a current FAFSA on file each year, you’ll automatically be considered for aid each fall, spring, and summer semester. (You may be required to take at least 6 credit hours during the summer to receive the award.) You can check your lifetime Pell Grant usage in your Financial Aid Review.

How much does the Federal Pell Grant program award?

Amounts change yearly. For the 2017–18 aid year, Federal Pell Grants ranged from $606 to $5,920. The amount you’re awarded will depend on your EFC and the number of hours in which you’re enrolled.

Learn more about Federal Pell Grants

Pell + O’Bannon

If you're receiving a Federal Pell Grant and a Frank O'Bannon Grant, you may be eligible for additional funding.

Learn more about the O'Bannon Pledge Grant

Pell Pledge grants

IU Fort Wayne offers a renewable grant of up to $2,500 per year to supplement a Federal Pell Grant.

To be eligible as an incoming freshman, you must:

  • Be an in-state student who doesn’t qualify for grants from the state
  • Be a Federal Pell Grant recipient
  • Have a minimum SAT score of 1000 (Math and Critical Reading sections only) or an ACT score of 21
  • Have a FAFSA on file by the priority deadline

To be eligible for a renewal award, you must:

  • Maintain a minimum cumulative GPA
  • Maintain eligibility for the Federal Pell Grant
  • Meet other grant requirements indicated in correspondence you’ll receive as a Pell Pledge recipient

If you meet eligibility criteria for a Pell Pledge grant, you’ll receive the award without having to submit an additional application. Your FAFSA is the only application you need.

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