The Federal Pell Grant is a federally funded grant awarded by the U.S. Department of Education.
Recent Changes That Affect Federal Pell Grant Awards
There was a recent change in the federal law that affects Federal Pell Grant award amounts for the 2012-2013 school year and beyond. This change limits the total number of years a student may receive a Pell Grant to the equivalent of six years.
If Department of Education records indicate a student has received more than four-and-a-half years of Pell Grant funding (>450% but <500%), a student can still receive the maximum amount of their 2012-2013 Pell Grant award. However, if they continue to be Pell Grant eligible, they will not be able to receive the full amount of their eligible award for the 2013-2014 school year.
If Department of Education records indicate a student has received more than five years of Pell Grant funding (>500% but <600%), the amount of their 2012-2013 Pell Grant award will be less than the amount they would have been eligible to receive if the law had not changed.
If Department of Education records indicate a student has already received at least six years of Pell Grant funding (>600%), they are no longer eligible to receive Pell Grant funding.
Students who are affected by this change will receive an email from the Student Financial Aid Office and their awards will be updated on their MyNIU account.
Beginning mid-July, students will be able to check their Lifetime Eligibility Used (LEU) on the National Student Loan Data System (NSLDS) Student Access website using their Federal Student Aid FAFSA PIN. The LEU will be found on the Financial Aid Review page.
For information on how the Department of Education calculates the “equivalent of six years”, students can contact them at 1-800-4-FED-AID or click on the following link: www.studentaid.ed.gov/pell-limit.
We encourage students who are near or over the limit to meet with an academic advisor and set up a course plan for graduation. It is important to take the lifetime limit of the Pell Grant into consideration when changing majors and/or scheduling classes. Plan your degree progress carefully to graduate in a timely manner.
The FSEOG is a federally funded grant awarded by the Student Financial Aid Office.
The TEACH Grant Program provides up to $4,000 a year in grant assistance to junior and senior undergraduates and graduate students who agree to serve for at least four years as full-time “highly qualified” teachers in high-need fields in public or private elementary or secondary schools that serve students from low-income families. Student-at-Large and Post-Baccalaureate students are not eligible for this grant.
The Student Financial Aid Office recommends that only students who are committed to teaching a high-need subject in a designated low-income school upon graduation consider this possible source of funds. This teaching obligation must be completed in a public or nonprofit elementary or secondary school that is eligible for Title I assistance. If the four-year teaching obligation is not met within eight years of graduation, the grant will convert to an unsubsidized loan, which will have to be repaid with interest calculated back to the date the funds were disbursed.
Eligible students will be notified through their NIU Z-ID e-mail address. Click here for more information regarding eligibility.
The Illinois Student Assistance Commission administers several grants. Please visit www.collegezone.com to find information regarding these programs.
The MAP Grant is a state-funded grant awarded by the Illinois Student Assistance Commission.