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Federal Pell Grant facts. Federal Pell Grants, the largest source of federally funded grants, are awarded solely based on your financial need (academic grades and extra-curricular activities arenât a factor). The maximum award for the 2017-18 academic year is $5,920.
Federal Pell Grant. The Federal Pell Grant is the largest federal student aid gift assistance program available to undergraduates pursuing a first undergraduate degree. Students enrolled less than half-time may be considered for a Pell Grant. Awards can range from $598-$5,815 for the 2016-2017 academic year.