IMPLEMENTATION OF REVISED PELL GRANT PAYMENT SCHEDULES

PLEASE NOTE: The Consolidated Appropriations Act of 2018, was passed and signed into law at the end of March. This appropriation included an increase in the maximum Pell Grant award. For additional information including up to date Pell Grant Disbursement and Payment Schedules, please click here.

Because of the maximum EFC increase for 2018–19 in the revised schedules, some applicants (those with EFCs greater than or equal to 5329 and less than or equal to 5486 who would not have been Pell Grant eligible using the old schedules) are now Pell Grant eligible for the 2018–19 Award Year. As such, ED systems such as the Central Processing System (CPS) and the Common Origination and Disbursement Websites needed to be updated.

ED is working to finalize the schedule for CPS implementation of the revised Pell charts and will provide specific details about upcoming SAR/ISIR reprocessing that will occur to process revise ISIRS with corrected EFCs. Meanwhile, COD has already been updated. All 2018–19 Pell Grant records sent to the COD System before the update were evaluated by the COD System using the old schedules and will need to be corrected for the revised Pell charts.  For more information and operational implementation guidance, check out this electronic announcement from FSA.