Volume VI, Section 3 – Pell

Payment Schedule and

Calculation Table

Pell Payment Schedule

For information on the Pell Grant Payment Schedule, please refer to the 2006-2007 Pell Grant
Payment Schedule at http://ifap.ed.gov/dpcletters/P0601.html.

Pell Calculation Table

Introduction
The Federal Pell Grant Calculation chart briefly describes the programs of study and academic
calendar to which each Pell Grant Payment Methodology applies. It also documents the data
elements that can be used to calculate the student’s Pell award under each methodology and the
acceptable values for each element. Finally, it depicts the relationship between Scheduled
Federal Pell Grant, Annual award, and the result of the Payment Methodology calculation. For
further details and examples of Pell Grant calculations, please refer to the Student Financial Aid
Handbook, Pell Grant chapter.

For 2004-2005 award year and forward, the COD System no longer automatically calculates a
student’s Pell award using the following data elements:

February 2006 (2006-2007) COD Technical Reference Page VI – 3 – 1

Volume VI: Appendices
 • Academic Calendar
• Payment Methodology
• Weeks of Instructional Time Used to Calculate Payment
• Weeks of Instructional Time in Program’s Definition of Academic Year
• Credit/Clock Hours Used to Calculate Payment
• Credit/Clock Hours in this Student’s Program of Study’s Academic Year

For Full Participants, data submitted in these elements are not edited, stored, or returned on a
Common Record response document. Although these elements are not applicable for the 2004-
2005 award year and forward, they can continue to be used as a guide when calculating a
student’s Pell award amount.

February 2006 (2006-2007) COD Technical Reference Page VI – 3 – 2

Volume VI: Appendices
 (a) (b) (c) (d) (e) (f) (g) (h) (i) (j)
Regulation All Programs All Term Clock hour Clock hour Terms and Terms and
Reference Programs Programs programs, or programs, or Nonterm Nonterm
Only Credit hour Credit hour programs programs
programs programs not using not using
without terms without terms Formula 1 Formula 1
Payment Methodology* Academic Enrollment Hours/Credits Hours/Credits Weeks used Week’s in Scheduled Annual Ceiling on
Calendar* Status expected to in program’s to calculate program’s Federal Pell Award Expected
complete – Paid academic year payment* academic Grant Total
from this award definition* year* (SFPG) Payment
year* (aka Award
amount)
690.63 1 2,3,4 1 Blank Blank Blank Blank From Same as Same as
thru Student enrolled in Full-time Payment SFPG SFPG
690.67 eligible program: Schedule
for
(a) that measures EFC/COA
progress in credit
hours;
(b) that uses standard
terms;
(c) in which the fall
through spring
terms
(i) equal or exceed
30 weeks of
instructional
time;
or
(ii) equal or exceed
the weeks in its
academic year if
the program
receives a
waiver
2,3,4 2 Blank Blank Blank Blank Same as From ¾ Same as
¾ time above Disb Annual
Sched for award
EFC/COA
2,3,4 3 Blank Blank Blank Blank Same as From ½ Same as
½ time above time Disb Annual
Sched for award
EFC/COA
2,3,4 4 Blank Blank Blank Blank Same as From LT Same as
LT ½ time above ½ Disb Annual
Sched for award
EFC/COA
2,3,4 5 Blank Blank Blank Blank Same as Same as Same as
Other above SFPG Annual
award

Legend: LT = Less than; LE = Less than or equal to; GT = Greater than; GE = Greater than or equal to; *
= Not applicable for the 2004-2005 award year and forward.

February 2006 (2006-2007) COD Technical Reference Page VI – 3 – 3

Volume VI: Appendices
Regulation (a) (b) (c) (d) (e) (f) (g) (h) (i) (j)
Reference
All Programs All Term Clock hour Clock hour Terms and Terms and
Programs Programs programs, or programs, or Nonterm Nonterm
Only Credit hour Credit hour programs programs
programs programs not using not using
without terms without terms Formula 1 Formula 1
Payment Methodology* Academic Enrollment Hours/Credits Hours/Credits Weeks used Week’s in Scheduled Annual Ceiling on
Calendar* Status expected to in program’s to calculate program’s Federal Pell Award Expected
complete – Paid academic year payment* academic Grant Total
from this award definition* year* (SFPG) Payment
year* (aka Award
amount)
690.63 2 2,3,4 1 Blank Blank Numeric & Numeric & From Same as (Annual
thru Student enrolled in Full-time LE (g) & GE 30 & Payment SFPG Award *
690.67 eligible program: LT 30 LE 78 Schedule Weeks
for used to
(a) that measures EFC/COA calculate
progress in credit payment)/
hours; Weeks in
(b) that uses standard program’s
terms; academic
(c) in which the fall year
through spring
terms
(i) are less than 30
weeks of
instructional
time;
AND
(ii) the program
did not receive a
waiver of the 30
week minimum
2,3,4 2 Blank Blank Numeric & Numeric & Same as From ¾ (Annual
¾ time LE (g) & GE 30 & above Disb Award *
LT 30 LE 78 Sched for Weeks
EFC/COA used to
calculate
payment)/
Weeks in
program’s
academic
year
2,3,4 3 Blank Blank Numeric & Numeric & Same as From ½ (Annual
½ time LE (g) & GE 30 & above time Disb Award *
LT 30 LE 78 Sched for Weeks
EFC/COA used to
calculate
payment)/
Weeks in
program’s
academic
year

February 2006 (2006-2007) COD Technical Reference Page VI – 3 – 4

Volume VI: Appendices
Regulation (a) (b) (c) (d) (e) (f) (g) (h) (i) (j)
Reference
All Programs All Term Clock hour Clock hour Terms and Terms and
Programs Programs programs, or programs, or Nonterm Nonterm
Only Credit hour Credit hour programs programs
programs programs not using not using
without terms without terms Formula 1 Formula 1
Payment Methodology* Academic Enrollment Hours/Credits Hours/Credits Weeks used Week’s in Scheduled Annual Ceiling on
Calendar* Status expected to in program’s to calculate program’s Federal Pell Award Expected
complete – Paid academic year payment* academic Grant Total
from this award definition* year* (SFPG) Payment
year* (aka Award
amount)
690.63 2, continued 2,3,4 4 Blank Blank Numeric & Numeric & Same as From LT (Annual
thru Student enrolled in LT ½ time LE (g) & GE 30 & above ½ Disb Award *
690.67 eligible program: LT 30 LE 78 Sched for Weeks
EFC/COA used to
(a) that measures calculate
progress in credit payment)/
hours; Weeks in
(b) that uses standard program’s
terms; academic
(c) in which the fall year
through spring
terms
(i) are less than 30
weeks of
instructional
time;
AND
(ii) the program
did not receive a
waiver of the 30
week minimum
2,3,4 5 Blank Blank Numeric & Numeric & Same as Same as (Annual
Other LE (g) & GE 30 & above SFPG Award *
LT 30 LE 78 Weeks
used to
calculate
payment)/
Weeks in
program’s
academic
year

Legend: LT = Less than; LE = Less than or equal to; GT = Greater than; GE = Greater than or equal to; *
= Not applicable for the 2004-2005 award year and forward.

February 2006 (2006-2007) COD Technical Reference Page VI – 3 – 5

Volume VI: Appendices
Regulation (a) (b) (c) (d) (e) (f) (g) (h) (i) (j)
Reference
All Programs All Term Clock hour Clock hour Terms and Terms and
Programs Programs programs, or programs, or Nonterm Nonterm
Only Credit hour Credit hour programs programs
programs programs not using not using
without terms without terms Formula 1 Formula 1
Payment Methodology* Academic Enrollment Hours/Credits Hours/Credits Weeks used Week’s in Scheduled Annual Ceiling on
Calendar* Status expected to in program’s to calculate program’s Federal Pell Award Expected
complete – Paid academic year payment* academic Grant Total
from this award definition* year* (SFPG) Payment
year* (aka Award
amount)
690.63 3 1,2,3,4 1 Blank Blank Numeric & Numeric & From Same as (Annual
thru Student enrolled in Full-time LE (g) GE 30 & Payment SFPG Award *
690.67 eligible program: LE 78 Schedule Weeks
for used to
(a) that measures EFC/COA calculate
progress in credit payment)/
hours; Weeks in
(b) that uses terms program’s
(standard or academic
nonstandard) year
1,2,3,4 2 Blank Blank Numeric & Numeric & Same as From ¾ (Annual
¾ time LE (g) GE 30 & above Disb Award *
LE 78 Sched for Weeks
EFC/COA used to
calculate
payment)/
Weeks in
program’s
academic
year
1,2,3,4 3 Blank Blank Numeric & Numeric & Same as From ½ (Annual
½ time LE (g) GE 30 & above time Disb Award *
LE 78 Sched for Weeks
EFC/COA used to
calculate
payment)/
Weeks in
program’s
academic
year

Legend: LT = Less than; LE = Less than or equal to; GT = Greater than; GE = Greater than or equal to; *
= Not applicable for the 2004-2005 award year and forward.

February 2006 (2006-2007) COD Technical Reference Page VI – 3 – 6

Volume VI: Appendices
Regulation (a) (b) (c) (d) (e) (f) (g) (h) (i) (j)
Reference
All Programs All Term Clock hour Clock hour Terms and Terms and
Programs Programs programs, or programs, or Nonterm Nonterm
Only Credit hour Credit hour programs programs
programs programs not using not using
without terms without terms Formula 1 Formula 1
Payment Methodology* Academic Enrollment Hours/Credits Hours/Credits Weeks used Week’s in Scheduled Annual Ceiling on
Calendar* Status expected to in program’s to calculate program’s Federal Pell Award Expected
complete – Paid academic year payment* academic Grant Total
from this award definition* year* (SFPG) Payment
year* (aka Award
amount)
690.63 3, continued 1,2,3,4 4 Blank Blank Numeric & Numeric & Same as From LT (Annual
thru Student enrolled in LT ½ time LE (g) GE 30 & above ½ Disb Award *
690.67 eligible program: LE 78 Sched for Weeks
EFC/COA used to
(a) that measures calculate
progress in credit payment)/
hours; Weeks in
(b) that uses terms program’s
(standard or academic
nonstandard) year
1,2,3,4 5 Blank Blank Numeric & Numeric & Same as Same as (Annual
Other LE (g) GE 30 & above SFPG Award *
LE 78 Weeks
used to
calculate
payment)/
Weeks in
program’s
academic
year

Legend: LT = Less than; LE = Less than or equal to; GT = Greater than; GE = Greater than or equal to; *
= Not applicable for the 2004-2005 award year and forward.

February 2006 (2006-2007) COD Technical Reference Page VI – 3 – 7

Volume VI: Appendices
Regulation (a) (b) (c) (d) (e) (f) (g) (h) (i) (j)
Reference
All Programs All Term Clock hour Clock hour Terms and Terms and
Programs Programs programs, or programs, or Nonterm Nonterm
Only Credit hour Credit hour programs programs
programs programs not using not using
without terms without terms Formula 1 Formula 1
Payment Methodology* Academic Enrollment Hours/Credits Hours/Credits Weeks used Week’s in Scheduled Annual Ceiling on
Calendar* Status expected to in program’s to calculate program’s Federal Pell Award Expected
complete – Paid academic year payment* academic Grant Total
from this award definition* year* (SFPG) Payment
year* (aka Award
amount)
690.63 4 5 Blank Numeric & LE Numeric & GE Numeric & Numeric & From Same as (Annual
thru Student enrolled in (e) 900 & LE LE (g) GE 30 & Payment SFPG Award *
690.67 eligible program: 3120 LE 78 Schedule Weeks used
for to calculate
(a) that measures EFC/COA payment)/
progress in clock Weeks in
hours; program’s
or academic
(b) that measures year;
progress in credit (Results *
hours BUT DOES Hours
NOT HAVE expected to
TERMS complete –
Paid from
this award
year)/Hours
in
program’s
academic
year
definition
6 Blank Numeric & LE Numeric & GE Numeric & Numeric & Same as Same as (Annual
(e) 24 & LE 100 LE (g) GE 30 & above SFPG Award *
LE 78 Weeks used
to calculate
payment)/
Weeks in
program’s
academic
year;
(Results *
Hours
expected to
complete –
Paid from
this award
year)/Hours
in
program’s
academic
year
definition

February 2006 (2006-2007) COD Technical Reference Page VI – 3 – 8

Volume VI: Appendices
Regulation (a) (b) (c) (d) (e) (f) (g) (h) (i) (j)
Reference
All Programs All Term Clock hour Clock hour Terms and Terms and
Programs Programs programs, or programs, or Nonterm Nonterm
Only Credit hour Credit hour programs programs
programs programs not using not using
without terms without terms Formula 1 Formula 1
Payment Methodology* Academic Enrollment Hours/Credits Hours/Credits Weeks used Week’s in Scheduled Annual Ceiling on
Calendar* Status expected to in program’s to calculate program’s Federal Pell Award Expected
complete – Paid academic year payment* academic Grant Total
from this award definition* year* (SFPG) Payment
year* (aka Award
amount)
690.63 5 6 3 Numeric & LE Numeric & GE Numeric & Numeric & From From ½ (Annual
thru Student enrolled in ½ time (e) 24 & LE 100 LE (g) GE 30 & Payment time Disb Award *
690.67 eligible program; LE 78 Schedule Sched for Weeks used
nonresidential portion for EFC/COA to calculate
by correspondence and EFC/COA payment)/
NOT USING TERMS Weeks in
program’s
academic
year;
(Results *
Credits
expected to
complete –
Paid from
this award
year)/Credits
in program’s
academic
year
definition
1,2,3,4 3 Blank Blank Numeric & Numeric & From From ½ (Annual
½ time LE (g) GE 30 & Payment time Disb Award *
LE 78 Schedule Sched for Weeks used
for EFC/COA to calculate
EFC/COA payment)/
Weeks in
program’s
academic
year;
1,2,3,4 4 Blank Blank Numeric & Numeric & Same as From LT (Annual
LT ½ time LE (g) GE 30 & above ½ time Award *
LE 78 Disb Weeks used
Sched for to calculate
EFC/COA payment)/
Weeks in
program’s
academic
year;

Legend: LT = Less than; LE = Less than or equal to; GT = Greater than; GE = Greater than or equal to: *
= Not applicable for the 2004-2005 award year and forward.

February 2006 (2006-2007) COD Technical Reference Page VI – 3 – 9

Volume VI: Appendices