College Confidential - View Single Post - How is the pell grant dollar amount decided? (Going from full-time to part-time)

BillF · 11-29-2010, 11:54 AM

My EFC is literally 0.

Let's see if I understand correctly.

I actually found the webpage with my schools tuition rates.

12+ hours is $4,171
6-11 is $2,781

So if my total COA for the year is 21K. And I take away half of that from this semester I'm at 10.5K. With a tuition difference of 1.4K that makes 9.1K my estimated cost of attendance for next semester? Maybe a little less when you factor in less books and transportation. Let's just go with 9K for a nice number.

So would I now be looking at 3 quarter time? And that says 5550+ is 4163. Divide by 2 because it's for 1 semester = $2,081.50.

Or if I just multiply a full time pell by .75 I get $2,081.25. Wow, that was much easier. But the first way I get an extra quarter

So then I calculated everything correctly?

11-29-2010, 11:54 AM	#4
BillF Junior Member Join Date: Jan 2009 Posts: 45	My EFC is literally 0. Let's see if I understand correctly. I actually found the webpage with my schools tuition rates. 12+ hours is $4,171 6-11 is $2,781 So if my total COA for the year is 21K. And I take away half of that from this semester I'm at 10.5K. With a tuition difference of 1.4K that makes 9.1K my estimated cost of attendance for next semester? Maybe a little less when you factor in less books and transportation. Let's just go with 9K for a nice number. So would I now be looking at 3 quarter time? And that says 5550+ is 4163. Divide by 2 because it's for 1 semester = $2,081.50. Or if I just multiply a full time pell by .75 I get $2,081.25. Wow, that was much easier. But the first way I get an extra quarter So then I calculated everything correctly?
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