Calculated	Pell	Grant	(Eligibility	Based	on	SAI	and	COA)
If	the	<Pell	Grant	Eligibility	Flag=	on	the	ISIR	is	set	to	<Y=,	but	the	<Max	Pell	Indicator=	and	<Minimum	Pell	Indictor=	are
blank,	the	student	may	be	eligible	for	a	calculated	Pell	Grant.
Calculated	Pell	Grant	Order	of	Operations
Use	the	following	steps	to	determine	the	amount	of	a	calculated	Pell	Grant:
If	the	student9s	calculated	Pell	Grant	is	greater	than	the	Min	Pell	amount/and/the	student9s	COA,	the	Scheduled	award	will
be	the	same	value	as	the	student9s	COA	(not	rounded).
Step	1: Subtract	the	student9s	calculated	SAI	from	the	award	year9s	published	Max	Pell	amount.
Step	2: Compare	the	amount	from	Step	1	to	the	award	year9s	published	Min	Pell	amount.	If	Max
Pell	minus	SAI	g	Min	Pell,	proceed	to	Step	3.	If	not,	the	student	is	not	eligible	for	a
Calculated	Pell	Grant.
Step	3: Round	the	result	from	Step	1	to	the	nearest	$5.
Step	4: Compare	the	rounded	amount	from	Step	3	to	the	student9s	Pell	Grant	COA.	If	the
rounded	amount	is	less	than	the	student9s	Pell	Grant	COA,	the	student	is	eligible	for	a
Scheduled	Pell	Grant	Award	of	that	resulting	amount.	If	the	rounded	amount	is	greater
than	the	student9s	Pell	Grant	COA,	the	student	is	eligible	for	a	Scheduled	Pell	Grant
Award	equal	to	the	student9s	Pell	Grant	COA.
Volume	7,	Chapter	2,	Example	1:	Eligible	for	Calculated	Pell	Grant
A	student9s	calculated	SAI	is	1,004	and	the	Pell	COA	is	$10,000.	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	(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	($10,000)
Since	the	calculated	Scheduled	Award	is	less	than	the	Pell	COA,	the	school	determines	that	the	student	is	eligible
for	a	Scheduled	Award	of	$6,495.
Volume	7,	Chapter	2,	Example	2:	Eligible	for	Calculated	Pell	Grant,	Capped	at	COA
A	student9s	calculated	SAI	is	1,004	and	the	Pell	COA	is	$6,493.	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.
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