Pell & Campus-Based ProgramsKaren Trail and Julie BrumbaughTexas Woman’s University 2015 ABC Workshop

FEDERAL PELL GRANT

Pell Grant• Undergraduate, prior to earning first Bachelors/Professional degree (includes foreign

degrees)

• Post-baccalaureate program– the program does not lead to a graduate degree;– the school offering the program does not also offer a bachelor’s degree in

education;– the student is pursuing an initial teacher certification or licensing credential within

a state; and– consists of the courses required by a state to receive a professional certification or

licensing credential necessary for employment as a teacher in an elementary or secondary school in that state

• Amount of Pell is linked to EFC, enrollment, and school’s COA– See chart

• Student may be eligible for payment at any enrollment status

Pell LEU

• Pell Lifetime Eligibility Unit

• Students limited to 600% in lifetime Pell award– 100% = two full semesters at full-time enrollment

• Pell LEU is tracked in COD– Person Search – click on Pell link

Pell LEU

• Students who have received over 500% in lifetime eligibility at the end of the 13/14 award year will have reduced eligibility for the 14/15 award year

• ISIR contains comment code regarding Pell LEU– 346 – student is close to lifetime eligibility (over 500%)– 347 – student has reached lifetime eligibility (600%) or is

over– Other comment codes related to PELL LEU exist for students

who are under 500% and are displayed on SAR for student

Pell Grant

• An initial calculation is the first calculation of a student’s Federal Pell Grant award.

• The institution must use the current, documented enrollment status (may be a projected status).

• If no date documented, the date of initial calculation is the later of:– Processed date of the initial SAR or ISIR, or– Date the student enrolls

Pell Grant

• Earliest possible date is date of receipt of an EFC from an ED product (assuming Pell Payment Schedule has been issued), such as:– SAR or ISIR with an official EFC (processing date)– FAA Access EFC– FAFSA on the Web EFC

• School may choose a later date such as completion of verification

Pell Grant• Pell can be recalculated when:

– Enrollment status changes between terms

– Student never begins attendance in one or more classes

• Lump sum payment according to work completed in prior payment periods– Must use final enrollment status of prior terms with no disbursements

– If final enrollment status for the term is different from initial calculation, must recalculate

– Include in enrollment status only courses completed (includes earned F’s and incompletes)

– Cannot include drops or withdrawals in enrollment status

Pell Grant-Institutional Options

• Recalculations for changes in enrollment status– Recalculates for all changes in enrollment status during the term– Does not recalculate for changes in enrollment status at any time in a term

after initial calculation (assumes student has begun all classes)– Does not recalculate after a Pell recalculation date

Pell Grant-Institutional Options• May have a Pell recalculation date

– For term– By course

• A student’s ultimate Pell recalculation date for the term is the Pell recalculation date of the last course the student attends or is expected to attend

• If a student drops, withdraws from, or adds a class before Pell recalculation date, must recalculate based on any change in enrollment status through that Pell recalculation date

CAMPUS-BASED PROGRAMS

Campus-Based Programs

The campus-based programs:

• Federal Supplemental Educational Opportunity Grant Program (FSEOG)

• Federal Work-Study Program (FWS)

• Federal Perkins Loan Program

School Participation in Campus-Based Programs

• Must be approved to participate

• Annually must complete Fiscal Operations Report and Application to Participate (FISAP) to:

– Apply for funds for next award year

– Report previous award year expenditures

Campus-Based Programs Common Provisions

• Matching requirement

• Transfer of funds between programs

• Carry-forward and carry-back options

• Use of funds for independent students and part-time students

• Administrative Cost Allowance (ACA)

• Underutilization of funds

FSEOG Program

Program-specific requirements:

• Student eligibility

• Minimum and maximum award amounts

• Selection groups criteria

FWS Program

Program-specific requirements:

• Student eligibility

• Award amounts

• Use of funds

• Eligible employment

• Payments to students

• Community service

Federal Work-Study Program

• If school does not meet community service expenditure requirements, it must return FWS funds to ED

• Amount returned is difference between what school should have spent and amount actually spent for community service

Federal Work-Study Program

Community service positions:

• Services designed to improve the quality of life for community residents, particularly low-income individuals, or to solve particular problems related to their needs

• Except for support services offered by the school to its students with disabilities, all on-campus positions must be for services that are open and accessible to the community

Federal Perkins Loan Program

• Because the Federal Perkins Loan is being phased out, schools may not make Federal Perkins Loans to new borrowers after September 30, 2015

• If the first disbursement of a 2015-2016 Federal Perkins Loan occurs prior to October 1, 2015 the school may make the remaining disbursements of that loan.

• Please see attached Dear Colleague Letter GEN-15-03 for detailed guidance.

Federal Perkins Loan Program

• To receive a Federal Perkins Loan, student must demonstrate a willingness to repay the loan

• Delinquency or default on a previous student loan indicates student is unwilling to repay new loan

Federal Perkins Loan Program

• School must use either paper Federal Perkins Loan Master Promissory Note (Perkins MPN) or electronic version of the note (eMPN)

• Student may choose to use the MPN as either a single or multiple award year note, if school offers multiple year MPN

Federal Perkins Loan Program

School must provide certain loan information called pre-disbursement disclosures before making the first disbursement of a loan for an award year

Exit counseling is required before a borrower ceases at least half-time attendance

Federal Perkins Loan Program

Loan repayment benefits:– Deferment

– Forbearance

– Cancellation

– Discharge

• Failure to repay can result in default

• A borrower may rehabilitate a defaulted loan only once

Perkins• Need-based loan

• Federal Loan, Institution acts as Lender and Servicer

• Interest Rate: 5%

• Grace period: 9 months

• Maximum repayment term: 10 years

• Undergraduate and Graduate students are eligible

Perkins Loan Limits

Undergraduate annual limit $5,500Undergraduate Aggregate limit$27,500Graduate annual limit $8,000 Graduate Aggregate limit$60,000

QUESTIONS?

Campus-Based ProgramsTrivia Game!

Campus-Based Programs Trivia Game Question #1

• Campus-Based funds must be made reasonably available to independent and part time students if the institution’s allocation is directly or indirectly based on the ….

Campus-Based Programs Trivia Game!

A. Number of enrolled students? B. Financial need of such students? C. Number of financial aid applicants? D. Number of applicants for admission?

Campus-Based Programs Trivia Game

• The answer is B. Financial need of such students.

Campus-Based Programs Trivia Question (2)

• An institutions policy statement used in awarding FSEOG can include?

Campus-Based Programs Trivia Questions!

• A. Only students receiving Federal Pell Grants are eligible to receive FSEOG?

• B. Proration of award amounts for students enrolled less than full-time?

• C. Discrimination based on less than half-time enrollment?

• D. Cancellation of FSEOG awards for students who accept FWS?

Campus-Based Programs Trivia Answer for Question #2

• The answer is B Proration of award amounts for students enrolled less than full time.

Campus-Based Programs Trivia Question #3

• To be included in the first FSEOG selection group, a student must?

Campus-Based Programs Trivia Answers

A. Have an Expected Family Contribution equal to zero? B. Receive a Federal Grant during the same award year as the FSE0G is requested ? C. Be enrolled in at least 12 credits? D. Be enrolled in the first academic year of an educational program?

Campus-Based ProgramsTrivia Answer to Question 3

• The answer is B• Receive a Federal Pell Grant during the same

award year as the FSEOG is requested.

Federal Pell Grant Trivia GameQuestion 1

A students eligibility for a Federal Pell Grant is based on a student’s ?

Pell Grant Trivia Game!

• A. Program of Study?• B. 9-month Estimated Family Contribution ?• C. Satisfactory Academic Progress ?• D. 12-month Estimated Family Contribution ?

Pell Grant Trivia Game!

• Answer is• B. 9-month Estimated Family Contribution

Pell Grant Trivia Game! Question #2

The amount of a Federal Pell Grant or IASG that may be paid to a student enrolled full time for a full time academic year is based on the student’s?

Pell Grant Trivia Game Question #2

• A. Financial need and grade level ?• B. Cost of Attendance and Estimated Family

Contribution?• C. Cost of Attendance and grade level ?• D. Estimated Family Contribution and

residency?

Pell Grant Trivia Game Answer to Question #2

The answer is B Cost of Attendance and Estimated Family Contribution are factors for determining the amount of Federal Pell Grant or IASG paid to a student enrolled full time/academic year.

Pell Grant Trivia Game! Question #3

• Which of the following is considered half-time enrollment for a Federal Pell Grant award calculated using Formula 1?

Pell Grant Trivia Game #3

• A. 5, but no more than 7 hours?• B. 6, but no more than 8 hours?• C. half of the number of hours for which the

student is enrolled?• D. 7.5 hours?

Pell Grant Trivia Game! #3

The answer is B. “6”, but no more than 8 hours.