Pell Grant Calculator
Based on your EFC of _, you may receive up to a total amount of _ for the year (fall, spring, and summer).
Your Pell Grant amount varies depending on the number of credits for which you enroll. You can expect to receive the following amounts each semester:
|12+ Credits||9-11 Credits||6-8 Credits||1-5 Credits|
What does EFC mean?
EFC stands for Expected Family Contribution and it measures the student and his or her family’s financial strength for the upcoming academic year, in relation to paying for college. The EFC is a number used by your institution to calculate the amount of federal financial aid you are eligible to receive.
How is my EFC calculated?
The EFC is calculated by the federal government using a formula process. Your family’s taxed and untaxed income, assets and benefits (such as unemployment or Social Security) are all considered in the EFC calculation. Additionally, the family’s entire household size and the number of members enrolling into college are calculated as well.
How do I find my EFC?
Your EFC is calculated once you have successfully completed and electronically submitted your FAFSA. Once your FAFSA has been submitted and processed, you will receive a Student Aid Report, which will confirm that your FAFSA has been processed. This confirmation will also contain your financial aid information, including your EFC.
Am I responsible for paying the amount of the EFC?
No, your EFC is not an amount that you or your family will have to pay for college. It is also not the amount of federal financial aid that you will receive. The EFC is a number used by your institution to calculate the amount of federal financial aid you are eligible to receive.
Is a Pell Grant the same as a State Grant?
No, a Pell Grant is a grant that is awarded through the federal government; a State Grant is awarded through the Pennsylvania Higher Education Assistance Agency and the Commonwealth of Pennsylvania. If you would like additional information on a State Grant, please log onto www.pheaa.org and check your State Grant status.
According to my Student Aid Report, I’m not eligible to receive a Federal Pell Grant. Does that mean I’m not eligible to receive financial aid?
No, you may receive a PHEAA State Grant even though you are not eligible to receive a Federal Pell Grant. Additionally, you may be eligible to participate in other federal aid programs.
If you have any additional questions regarding your Federal Pell Grant, your EFC or any other financial aid concerns, please do not hesitate to contact Student Financial Services. You can reach Student Financial Services directly at either 717-947-6300 or at SFS@PAcollege.edu.