Federal Pell Grant EFC Chart for 2023-2024 and 2024-2025
The Federal Pell Grant is a crucial form of financial aid for undergraduate students who have not earned a bachelor’s or professional degree. The amount of money you can receive from a Pell Grant depends on your Expected Family Contribution (EFC), now referred to as the Student Aid Index (SAI), your cost of attendance, your enrollment status, and whether you attend for a full academic year or less.
Federal Pell Grant EFC Charts for 2023-2024 and 2024-2025
The EFC (Expected Family Contribution) chart helps determine how much Pell Grant aid you might be eligible to receive based on your financial situation. Below are the details for the Pell Grant EFC/SAI charts for the academic years 2023-2024 and 2024-2025.
2023-2024 Pell Grant EFC Chart:
- Maximum Pell Grant Award: $7,395
- Minimum Pell Grant Eligibility SAI: 6656
- EFC Range and Corresponding Award Amounts:
- 0 EFC: $7,395 (maximum award)
- 1-1000 EFC: Reduced progressively from the maximum
- 5001-6656 EFC: Minimum award (approximately 10% of the maximum, around $740)
| EFC Range | Full-Time Award | Three-Quarter Time Award | Half-Time Award | Less than Half-Time Award |
|---|---|---|---|---|
| 0 | $7,395 | $5,546 | $3,698 | $1,849 |
| 1 – 100 | $7,295 | $5,471 | $3,647 | $1,824 |
| 101 – 200 | $7,195 | $5,396 | $3,597 | $1,798 |
| 201 – 300 | $7,095 | $5,321 | $3,547 | $1,773 |
| 301 – 400 | $6,995 | $5,246 | $3,497 | $1,748 |
| 401 – 500 | $6,895 | $5,171 | $3,447 | $1,723 |
| 5001 – 5100 | $1,195 | $896 | $598 | $299 |
| 6601 – 6656 | $745 | $560 | $373 | $187 |
2024-2025 Pell Grant EFC Chart:
- Expected maximum Pell Grant: $7,395
- Maximum SAI for Pell eligibility: 6800
- SAI Range and Corresponding Award Amounts:
- 0 SAI: $7,395 (maximum award)
- 1-1000 SAI: Slightly less than the maximum, reducing as SAI increases
- 5001-6800 SAI: Minimum award (similar to the 2023-2024 cycle)
| SAI Range | Full-Time Award | Three-Quarter Time Award | Half-Time Award | Less than Half-Time Award |
|---|---|---|---|---|
| 0 | $7,395 (estimated) | $5,546 (estimated) | $3,698 (estimated) | $1,849 (estimated) |
| 1 – 100 | $7,300 (estimated) | $5,475 (estimated) | $3,650 (estimated) | $1,825 (estimated) |
| 101 – 200 | $7,200 (estimated) | $5,400 (estimated) | $3,600 (estimated) | $1,800 (estimated) |
| 201 – 300 | $7,100 (estimated) | $5,325 (estimated) | $3,550 (estimated) | $1,775 (estimated) |
| 301 – 400 | $7,000 (estimated) | $5,250 (estimated) | $3,500 (estimated) | $1,750 (estimated) |
| 401 – 500 | $6,900 (estimated) | $5,175 (estimated) | $3,450 (estimated) | $1,725 (estimated) |
| 5001 – 5100 | $1,200 (estimated) | $900 (estimated) | $600 (estimated) | $300 (estimated) |
| 6801 – 6800 | $750 (estimated) | $563 (estimated) | $375 (estimated) | $188 (estimated) |
How to Use the Pell Grant EFC Chart
- Find Your SAI/EFC: After submitting your FAFSA, find your Expected Family Contribution (now SAI) listed on your Student Aid Report (SAR).
- Refer to the Chart: Using the chart, locate your EFC/SAI range. This will determine your potential award based on your enrollment status (full-time, three-quarter time, half-time, or less than half-time).
- Estimate Your Aid: This will give you a preliminary idea of how much Pell Grant aid you might receive, depending on your specific enrollment status and the cost of attendance at your school.
Applying for a Pell Grant
To apply for the Federal Pell Grant, you need to:
- Complete the FAFSA: The application is available online and must be filled out each year to determine your eligibility for the upcoming academic year.
- Review Your SAR: This document will provide your EFC/SAI and indicate your potential eligibility for a Pell Grant among other types of financial aid.
- Check with Your School’s Financial Aid Office: They will use your FAFSA information to create a financial aid package that could include the Pell Grant.
Why It Matters
Understanding the Pell Grant EFC/SAI chart can help you effectively plan your financial strategy for college by estimating how much grant money you may receive, which does not have to be repaid. Early application and accurate completion of financial information on the FAFSA are crucial steps in maximizing your financial aid opportunities.
