Federal PELL Grant

The Federal Pell Grant Program (Pell) provides need-based grants to students with exceptional financial need. Students cannot receive Pell funds from two schools for the same period of enrollment.

Eligibility

A student must meet all general eligibility criteria listed above. However, students cannot be considered for Pell if they:

• Are currently defaulted on a federal student loan;
• Owe money due to an overpayment of a federal student grant;
• Have earned a bachelor’s degree;
• Meet the maximum lifetime eligibility units for Pell;

Award Determination

Pell is considered to be the first source of aid to the student. Pell amounts awarded are based on the Student Aid Index, Eligibility Criteria, Lake Land College Cost of Attendance, Enrollment Intensity, and Length of Enrollment.

Disbursements

Prior to disbursing Pell, the institution will confirm that the scheduled disbursement will not cause the student to exceed lifetime eligibility units. Disbursements are made each semester, approximately two weeks following the beginning of the semester, and refunded to students soon after. The first refund date of each semester is published in the Laker Calendar.

The Lifetime Eligibility Units are earned based on the percentage of award disbursed to the student each term. Each semester’s full award is equivalent to approximately 50.000 units and is prorated with the student’s level of enrollment. Students may not receive more than 600.000 Lifetime Eligibility Units, which is equivalent to 12 full-time semesters.