Pell Grant 2024 Amount

Pell Grant 2024 Amount. The amount of federal pell grant funds you may receive over your lifetime is limited by federal law to be the equivalent of six years of pell grant funding. To give you an example of a typical grant amount, the size of the average pell grant was $4,568 for.

As a reminder, the fafsa simplification act changed the process for determining the amount of a student’s scheduled pell grant award. The maximum efc a student can have and still qualify for a pell grant award is $6,656.