Pell	Formula	4:	Clock-Hour	and	Non-Term	Credit-Hour	Programs
All	clock-hour	and	non-term	credit-hour	programs	must	use	Formula	4.
Enrollment	Intensity	in	Clock-Hour	and	Non-Term	Credit-Hour	Programs
For	clock-hour	programs	and	for	non-term	credit-hour	programs,	enrollment	intensity	only	makes	a	difference	if	the
student	is	attending	less	than	half	time.	If	that9s	the	case,	only	certain	components	of	the	COA	are	used	(see	the
discussion	in	Volume	3,	Chapter	2	of	the	FSA	Handbook).
The	annual	award	for	a	student	in	a	clock-hour	or	non-term	credit-hour	program	is	always	based	on	the	full-
time	Scheduled	Award,	even	if	the	student	is	attending	less	than	full	time.
Calculating	Payment	Amounts	in	Clock-Hour	and	Non-Term	Credit-Hour	Programs
Pell	Grants	must	be	paid	in	installments	over	the	course	of	the	academic	year	or	program	of	study	to	help	meet	the
student9s	costs	in	each	payment	period.	The	payment	period	determines	when	Pell	funds	are	disbursed	and	the	exact
amount	to	be	disbursed.	You	must	use	the	rules	discussed	in	Chapter	1	of	Volume	3	to	determine	the	payment	periods	for
clock-hour	and	non-term	credit-hour	programs.
In	non-term	programs,	the	student9s	Pell	award	is	not	reduced	for	part-time	enrollment	unless	the	student	is	enrolled	less
than	half	time,	in	which	case	the	student9s	COA	must	be	adjusted.	However,	if	a	program	is	less	than	an	academic	year	in
length	(in	either	clock/credit	hours	or	weeks	of	instructional	time),	students	enrolled	in	the	program	won9t	receive	a	full
Scheduled	Award.
Enrollment	intensity:	Terms	1	and	3	=	6	÷	9	or	67%;	Term	2	=	6	÷	8	or	75%
Disbursement	Schedule
Term	1	(12	weeks) Term	2	(10	weeks) Term	3	(12	weeks)
Credits
(Enrollment
Intensity	%)
6	(67%) 6	(75%) 6	(67%)
Annual	Award $7,005	x	67%	=	$4,693.35
(may	be	rounded	to	$4,693)
$7,005	x	75%	=	$5,253.75
(may	be	rounded	to	$5,254)
$7,005	x	67%	=	$4,693.35
(may	be	rounded	to	$4,693)
Disbursement ($4,693	x	12)	÷	34	=
$1,656.35	(may	be	rounded	to
$1,656)
($5,254	x	10)	÷	34	=
$1,545.29	(may	be	rounded	to
$1,545)
($4,693	x	12)	÷	34	=
$1,656.35	(may	be	rounded	to
$1,656)
Pell	Formula	4
34	CFR	690.63(a)(4)
34	CFR	690.63(e)
{"producer": "GPL Ghostscript 10.00.0", "creator": "wkhtmltopdf 0.12.6", "creationdate": "D:20250418114032Z00'00'", "moddate": "D:20250418114032Z00'00'", "source": "data/raw/The_Federal_Pell_Grant_Program.pdf", "total_pages": 65, "page": 31, "page_label": "32", "loader_type": "pdf", "load_timestamp": "2025-07-05T11:43:14.399974"}