When is Pell Grant credited to the account?

Paying for College
1

<p>I checked my S’s bill which right now has his NM award, his school scholarship and school grant, but no mention yet of his Pell Grant. There are also no charges yet on the account. I’m wondering when the school will receive the Pell Grant funds and/or credit those to my S’s account. Is there a standard time or is it likely to vary from school to school?</p>

<p>Thanks.</p>

2

<p>Most schools don’t update their accounts until bills go out, which is often not until August.</p>

<p>You can always call the school and ask them…</p>

3

<p>The bill is due Aug 6th, so it’ll be updated sooner :-).</p>

<p>You’ve given me the info I needed. I did not know if the US Gov’t sent out Pell Grant funds on (for example) July 1st and so the schools would then have that reflected on the accounts (whenever they updated them).</p>

<p>Thanks for the info.</p>