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Federal Pell Grant facts. Federal Pell Grants, the largest source of federally funded grants, are awarded solely based on your financial need (academic grades and extra-curricular activities arenât a factor). The maximum award for the 2017-18 academic year is $5,920.
The maximum Pell Grant amount for the 2010-11 school year is 5,500 dollars (2,750 dollars/ semester)