Summer Pell Grant
I was under the impression that if I enrolled in 6 summer credits, I would receive 50% of the maximum Federal Pell Grant, which is $7,395 for the academic year. Based on that understanding, I expected my Summer Pell Grant to be enough to cover the cost of my summer classes.
However, after calling the Financial Aid Office, I was told that I would only receive approximately $800–$900 because my Summer Pell is calculated as 25% of the amount I received during the first semester, rather than 50% of the annual maximum. This was very surprising and disappointing because I had planned my summer enrollment with the expectation that the Pell Grant would cover most or all of my tuition.
Can you anyone please clarify whether this calculation is correct and explain why I am not eligible to receive 50% of the maximum Pell Grant for taking 6 credits during the summer? I want to make sure I fully understand how my award was determined.