If	the	student9s	calculated	Pell	Grant	is	less	than	the	published	Min	Pell	amount	for	the	award	year,	the	student	is	not
eligible	for	a	calculated	Pell	Grant.	However,	the	student	may	still	meet	eligibility	requirements	for	Min	Pell	based	on	AGI,
family	size,	state	of	residence,	and	poverty	guidelines,	described	previously.
Determining	the	Award	Year	for	Crossover	Pell	Awards
You	must	source	Pell	Grant	funds	from	the	award	year	to	which	the	payment	period	is	assigned.	When	awarding	Pell
Grants	for	a	crossover	payment	period,	you	may	assign	the	payment	period	to	the	award	year	that	best	meets	the	needs
of	your	students	and	maximizes	a	student9s	eligibility	over	the	two	award	years	in	which	the	crossover	payment	period
occurs.	For	general	information	about	payment	periods,	see	Chapter	1	of	Volume	3,	and	for	more	detail	on	crossover
payment	periods,	see	the	section	on	crossover	payment	periods	in	Chapter	5	of	this	volume.
Basic	Pell	Grant	Formulas
Except	for	subscription-based	programs	(see	
Volume	3,	Chapter	1	for	information	on	subscription-based	programs),	if	all
coursework	is	offered	in	credit	hours	and	scheduled	to	be	completed	within	a	specific	time	frame,	the	program	generally
can	be	considered	term-based.	Term-based	programs	can	have	either	standard	terms	or	nonstandard	terms.	Pell	Grants
are	usually	calculated	differently	for	the	two	types	of	terms.	Standard-term	programs	may	be	treated	similarly	to
nonstandard-term	programs	if	the	program	does	not	conform	to	a	traditional	academic	calendar	or	meet	certain	other
The	school	performs	the	steps	in	the	Calculated	Pell	Grant	process	to	determine	the	student9s	Scheduled	Award.
Step	1:	Max	Pell	($7,500)	-	SAI	(1,004)	=	$6,496
Step	2:	Calculated	Pell	Grant	($6,496)	>	Min	Pell	($750)
Step	3:	Round	Calculated	Pell	Grant	($6,496)	to	the	nearest	$5	=	$6,495
Step	4:	Rounded	Calculated	Pell	Grant	($6,495)	>	Pell	Grant	COA	($6,493)
Since	the	calculated	Scheduled	Award	is	greater	than	the	Pell	COA,	the	school	determines	the	student9s
Scheduled	Award	must	be	capped	at	the	COA.	The	student	is	eligible	for	a	Scheduled	Award	of	$6,493.
Volume	7,	Chapter	2,	Example	3:	Ineligible	for	Calculated	Pell	Grant
A	student9s	calculated	SAI	is	6,751	and	the	Pell	COA	is	$9,000.	For	demonstration	purposes,	assume	the	published
Max	Pell	for	the	award	year	is	$7,500.	The	published	Min	Pell	for	the	award	year	is	10%	of	the	Max	Pell,	or	$750.
The	school	performs	the	steps	in	the	Calculated	Pell	Grant	process	to	determine	the	student9s	Scheduled	Award.
Step	1:	Max	Pell	($7,500)	-	SAI	(6,751)	=	$749
Step	2:	Calculated	Pell	Grant	($749)	<	Min	Pell	($750)
Since	this	student9s	Calculated	Pell	Grant	is	less	than	the	published	Min	Pell	for	the	award	year,	the	student	is	not
eligible	for	a	Calculated	Pell	Grant.	However,	the	student	may	still	meet	eligibility	requirements	for	a	Min	Pell.
Crossover	payment	periods
34	CFR	690.64	3	Determining	the	award	year	for	a	Pell	Grant	crossover	payment	period
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