GH Hall

Financial Aid

Federal Pell Grants

Grants are need-based awards, which usually do not require repayment as long as you complete the courses for which the grant was awarded.  

The Federal Pell Grant provides financial assistance to undergraduate students who have not earned a bachelor’s or professional degree. A student must:

  • establish financial need by completing the FAFSA at fafsa.ed.gov,
  • be a U.S. citizen, 
  • and be accepted in a financial aid eligible program.  

The Pell grant provides awards up to approximately $3,000 per semester. The amount of a student’s Pell award is based on the Expected Family Contribution (EFC), which is calculated when you submit the Free Application for Federal Student Aid (FAFSA) at fafsa.ed.gov.  

Pell Grants are now available year-round – including the summer term. However, if you attended college full-time (12 or more credits) in both the fall and spring semesters, you must take at least six required credits to receive Pell Grant during the summer term. 

Eligible students are able to receive Pell Grant up to a lifetime limit that equates to 12 full-time semesters. Pell Grants are offered based upon anticipated full-time enrollment. However, Pell awards will be reduced based on actual enrollment after the term census date and will not be increased if courses are added later in the term.

 


Summer 2018 Eligibility Requirements

  • Must be Pell eligible for the 2017-2018 academic year
  • Must meet Satisfactory Academic Progress requirements
  • If you attended college full-time in Fall 2017 and Spring 2018, you must enroll in at least 6 hours during Summer 2018 to receive Year Round Pell.
  • Must be enrolled in courses required for your program of study (must be FACA eligible)
Check your MyREYNOLDS to see if your Summer 2018 Pell award is currently showing as pending aid.
For more information, contact the Reynolds Financial Aid office at finaid@reynolds.edu.