Jewish Calendar. 1  The Jewish calendar (Hebrew calendar) is based on lunisolar calendar (based on phases of the moon and the solar cycles). 2  The calendar is based on the creation, which according to Jewish religion happened around 3760 BC.
The total Pell Grant funding amount for the year 2014 is $31.1 billion. Broken down this means that for 2015, the maximum grant appropriation per student is $4,860, and the mandatory entitlement amount is $915 for a total of $5,775 for the year. These amounts are set through 2017 and, at this point, years beyond that are still estimations.
Federal Pell Grant. The Federal Pell Grant is the largest need-based college grant program, awarding more than $30 billion in grants each year to more than 9 million students. Grants are a form of gift aid, money that does not have to be repaid. The maximum Federal Pell Grant was $5,645 in the 2013-2014 academic year and $5,730 in 2014-2015. The maximum Federal Pell Grant is expected to increase to $5,775 in 2015-2016. More than 95 percent (95.9%) of Federal Pell Grant recipients in 2011-2012 had family adjusted gross income (AGI) under $60,000.