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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.
How much money can I get? Amounts can change yearly. For the 2017â18 award year (July 1, 2017, to June 30, 2018), the maximum Federal Pell Grant award is $5,920. The amount you get, though, will depend on. your financial need, your cost of attendance, your status as a full-time or part-time student, and