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Penn State Federal School Code: 003329

Office of Student Aid : Aid Programs : Grants : Federal Pell Grant

Federal Pell Grant

Federally funded student gift aid that does not need to be repaid.

Awarded to undergraduate students who have high financial need who are working on their first bachelor's degree.

Awarded based on expected family contribution and number of credits you have scheduled.

May be awarded to students who are less than half-time (six credits).

The maximum fall-spring-summer award (for the 2007-08 academic year) is $4,310 for the academic year; the maximum per semester is $2,155.

Once you complete the FAFSA, you are automatically considered for the grant.

You must meet federal student aid eligibility requirements.

ACG and National SMART Grant

Two new grants are available to Pell-eligible students for the 2006-07 academic year. The Higher Education Reconciliation Act of 2005 (HERA) created the new grant programs to encourage students to attend college by taking more rigorous programs of study in high school and, once enrolled in college, to pursue majors in high demand in the global economy such as science, mathematics, technology, engineering, and critical foreign languages.

Academic Competitiveness Grant (ACG) Program

National Science and Mathematics Access to Retain Talent (SMART) Grant Program

 



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