To	calculate	an	award	for	a	student	whose	LEU	level	will	reduce	the	student9s	eligibility	(i.e.,	an	LEU	greater	than	450%
but	less	than	600%),	you	must	first	check	the	most	current	LEU	level	in	COD.	Subtract	the	LEU	percentage	from	600%,
then	multiply	the	student9s	Scheduled	Award	by	the	resulting	percentage.	For	example,	if	a	student	has	533%	LEU	in	COD,
your	school	will	subtract	533%	from	600%,	leaving	the	student	with	67%	of	a	Scheduled	Award	remaining.	If	the	student9s
Scheduled	Award	is	$7,455,	your	school	multiplies	$7,455	by	0.67,	which	equals	$4,994.85.	This	amount	is	then	disbursed
per	the	normal	Pell	formula	and	payment	period	rules.	If	your	school	only	disburses	funds	in	whole	dollars,	you	will
truncate	the	amount	to	$4,994	(rather	than	rounding	up	to	$4,995,	as	this	would	put	the	student	over	600%	LEU).
For	students	whose	eligibility	is	less	than	a	full	Scheduled	Award,	you	award	the	student	a	Pell	Grant	as	you	would	for	a
transfer	student	who	received	Pell	at	another	school	during	the	same	award	year.	That	is,	you	determine	the	student9s
remaining	Pell	Grant	eligibility	as	a	percentage	of	LEU	and	then	award	each	payment	until	that	eligibility	is	used	(see	the
discussion	in	Chapter	6	of	this	volume).
Pell	Grant	and	Iraq	and	Afghanistan	Service	Grant	LEU
Prior	to	the	2024-25	award	year,	the	Pell	Grant	and	Iraq	and	Afghanistan	Service	Grant	(IASG)	were	separate	programs
and	LEUs	were	tracked	independently	for	each	program.	In	the	Spring	of	2024,	any	student	who	received	IASG	funds	had
their	IASG	LEU	percentage	converted	to	and	combined	with	a	Pell	Grant	LEU	percentage.	A	student	whose	newly
combined	Pell	Grant	LEU	percentage	reaches	or	exceeds	the	600%	limit	will	not	be	eligible	for	Pell	Grant	funds.	However,
a	student	whose	newly	combined	Pell	LEU	exceeds	600%	is	not	considered	to	have	received	a	Pell	Grant	overaward.
Prior	Pell	LEU Prior	IASG	LEU Combined	Pell	LEU Remainin g	Eligibility?
100% 200% 300% Yes	3	300%
300% 300% 600% No
400% 300% 700% No
See	"Maximum	Pell	Grant	Eligibility	for	Dependents	of	Certain	Deceased	Servicemembers	and	Public	Safety	Officers=	in
Chapter	1	for	further	discussion	of	Pell	Grant	eligibility	under	the	Special	Rule.
Timely	Pell	Grant	Reporting	Requirements
Because	of	Pell	Grant	Lifetime	Eligibility	Used	(LEU)	monitoring,	it	is	important	to	submit	Pell	Grant	disbursement
information	in	a	timely	manner.	You	must	submit	Pell	Grant	disbursement	information	to	COD	no	later	than	15	calendar
days	after	making	a	disbursement	or	adjustment.	To	ensure	you	and	other	schools	have	the	most	accurate	information
available	about	students9	LEUs,	you	should	submit	information	to	COD	as	early	as	possible	in	the	required	15-day	time
frame.	Doing	so	may	help	prevent	an	overaward.	Failure	to	submit	the	data	within	the	15	days	could	result	in	the
Department	disallowing	the	disbursement.
Pell	Grants	under	the	Special	Rule
HEA	Section	401(c)
NSLDS	Reporting	Requirements	for	Pell
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