What is the usual PELL grant amount for students who live off campus in their own apartments?

Answer 1

When it comes to Pell, where you live has little to do with the amount you'll receive. To put it another way: odds are good that if your income is already low enough to make you Pell-eligible, you would receive the same amount of Pell whether you live on- or off-campus. Basically, when calculating your total educational costs, most schools will factor in some type of housing costs, regardless of whether you are paying for on-campus R&B.

Why is this important? Well, the amount of your Pell Grant is calculated using a table that compares your Cost of Attendance ("COA," which is fixed, school-determined figure that usually includes housing) with your Expected Family Contribution ("EFC," which of course, is based on your family's income, assets, household size, etc.).

NOTE: For student's whose Cost of Attendance is less than $4,050, Pell Grant amounts are pro-rated (basically, so that the student doesn't receive more Pell than it takes to pay for his/her costs). Of course, these days, most schools cost a lot more than $4,050/year when you factor in housing and all that -- so let's assume that your school costs more than this...

A full-time student with a $0 EFC who attends a school that costs, say, $5,000/year will be offered a $4,050 Pell Grant. Notably, a student with a $0 EFC who attends a $30,000/year school will also be offered a $4,050 Pell Grant. Pell is capped at $4,050 for just about every income level; the minimum Pell Grant is $400.

If you kno what your EFC is and you know roughly how much your school costs, you can calculate your own Pell Grant here: http://www.ifap.ed.gov/dpcletters/attachments/2006paysched.pdf

EDIT (to the answerer above me): Pell has NEVER been as high as $2,500 a semester. EVER. Goodness knows we'd love that to happen, but Congress has left Pell stuck at $2,025/semester for years now...

Answer 2

Are you an indepant student or does your parents claim you on thier taxes. Talk to your college to help with the numbers.

Answer 3

when it comes to PELL grants it all depends on how much you make, and if your parents help you... because until i believe your 25 (well at least in California) your grants will depends on how much your parents make, as well as yourself... and if you have any dependents...

Answer 4

It varies on the applicants situation in many ways.

Answer 5

It used to be 2,500 a semester, not sure if they've raised it since I used it.

Answer 6

it's up to 6k based on need.