dwb2023/document-loader-jul2025 huggingface dataset:
2 2	÷	12	=	.0167 17% Less-than-Half-Time
1 1	÷	12	=	0.083 8% Less-than-Half-Time
Note:	Enrollment	intensity	cannot	exceed	100%	for	purposes	of	Pell	Grant	proration.
If	the	student	is	enrolled	less	than	half	time,	it	will	also	affect	the	cost	components	that	are	used	in	the	student9s	budget
(see	
Volume	3,	Chapter	2).	Note	that	schools	do	not	have	the	discretion	to	refuse	to	pay	an	otherwise	eligible	part-time
student,	including	during	a	summer	term	or	intersession.
Programs	Offered	in	Nonstandard	Terms
Full-time	enrollment	for	programs	offered	in	nonstandard	terms	is	determined	by	multiplying	the	number	of	weeks	in	each
term	by	the	number	of	credit	hours	in	an	academic	year,	then	dividing	the	result	by	the	number	of	weeks	in	an	academic
year.	The	full-time	enrollment	number	is	then	used	as	the	denominator	for	determining	enrollment	intensity.
For	example,	College	X	has	a	program	that	consists	of	four	8-week	terms.	College	X	defines	the	academic	year	as	40
quarter	hours	and	32	weeks	of	instructional	time.	College	X	determines	that	full-time	enrollment	is	10	credit	hours	per
term	[(8	weeks	per	term	*	40	credit	hours)/32	weeks	of	instruction)].	Below	is	a	chart	of	enrollment	intensity,	relative	to
10	credit	hours	per	term	as	full-time.
Quarter	Credit	Hours Enrollment	Intensity	Formula Enrol lment	Intensity Enrollment	Status	Equivalent
10	(or	more) 10	÷	10	=	1.0 100% Full-Time
9 9	÷	10	=	0.90 90% Three-Quarter	Time
8 8	÷	10	=	0.80 80% Three-Quarter	Time
7 7	÷	10	=	0.70 70% Half-Time
6 6	÷	10	=	0.60 60% Half-Time
5 5	÷	10	=	0.50 50% Half-Time
4 4	÷	10	=	0.40 40% Less-than-Half-Time
3 3	÷	10	=	0.30 30% Less-than-Half-Time
2 2	÷	10	=	0.20 20% Less-than-Half-Time
1 1	÷	10	=	0.10 10% Less-than-Half-Time
Note:	Full-time	enrollment	for	programs	offered	in	nonstandard	terms	may	differ	from	program	to	program	and	even	from
term	to	term,	as	it	is	based	on	the	number	of	weeks	in	each	term,	the	number	of	credit	hours	in	an	academic	year,	and
the	number	of	weeks	in	an	academic	year.
Pell	Grant	Enrollment	Intensity	for	Clock-Hour	or	Non-Term-Based	Programs
Students	enrolled	in	clock-hour	or	non-term-based	programs	are	considered	to	be	enrolled	full-time	for	Pell	Grant
purposes.	See	Chapter	4	of	this	volume	for	additional	discussion	of	enrollment	intesity	for	clock-hour	and	non-term-based
programs.
Pell	Grant	Enrollment	Intensity	for	a	Consortium	Program
The	enrollment	intensity	of	a	student	attending	more	than	one	school	under	a	consortium	agreement	is	based	on	all	the
courses	taken	that	apply	to	the	degree	or	certificate	at	the	home	school.	The	disbursing	school	may	have	to	make	some
adjustments	if	the	coursework	at	the	other	school	is	measured	in	different	units.
Below	are	examples	of	calculating	enrollment	intensity	for	students	enrolled	in	regular	coursework	at	their	home
institution	and	coursework	offered	at	another	institution	through	a	consortium	agreement.	The	examples	describe	how	to
calculate	enrollment	intensity	when	the	units	of	enrollment	are	different	(i.e.,	semester	hours	at	the	home	school	and
quarter	hours	at	the	consortium	institution).
Students	Enrolled	in	Only	Correspondence	Courses
Students	enrolled	in	programs	of	correspondence	study	are	considered	to	be	enrolled	no	more	than	half	time	(the
equivalent	of	50%	enrollment	intensity),	even	if	they	are	enrolled	in	enough	coursework	to	be	full	time.	However,	if	the
correspondence	study	is	combined	with	regular	coursework,	the	student9s	enrollment	intensity	might	be	more	than	half
Volume	7,	Chapter	3,	Example	1:	Quarter	Hours	Converted	to	Semester	Hours
A	student	is	taking	six	semester	hours	at	their	home	school	and	nine	quarter	hours	at	a	different	school	under	a
consortium	agreement.	To	determine	their	enrollment	intensity,	the	home	school	needs	to	convert	the	hours	at
the	host	school	into	semester	hours.
Because	a	quarter	hour	is	about	two-thirds	of	a	semester	hour,	the	home	school	multiplies	the	number	of	quarter
hours	by	two-thirds:
9	quarter	hours	x	2/3	=	6	semester	hours
Then	the	hours	taken	at	both	schools	can	be	added	together:
6	semester	hours	(home	school)	+	6	semester	hours	(host	school)	=	12	semester	hours
Volume	7,	Chapter	3,	Example	2:	Semester	Hours	Converted	to	Quarter	Hours
A	student	is	taking	nine	quarter	hours	at	their	home	institution	and	six	semester	hours	at	a	different	institution.	To
determine	their	enrollment	intensity,	the	home	school	needs	to	convert	the	hours	at	the	host	school	into	quarter
hours.
Because	a	semester	hour	is	about	one	and	one-half	of	a	quarter	hour,	the	home	school	multiplies	the	number	of
quarter	hours	by	1.5:
6	semester	hours	x	1.5	=	9	quarter	hours
Then,	the	hours	taken	at	both	schools	can	be	added	together:
9	quarter	hours	(home	school)	+	9	quarter	hours	(host	school)	=	18	quarter	hours
time	(see	section	below	for	additional	information).
A	student	enrolled	only	in	a	non-term	correspondence	program	always	has	their	award	calculated	based	on	50%
enrollment	intensity.	For	a	student	enrolled	in	a	term-based	correspondence	program,	your	school	must	determine
whether	the	student	is	enrolled	half	time	(six	or	more	credit	hours	in	a	term)	or	less	than	half	time	(fewer	than	six	credit
hours	in	a	term).	Special	rules	are	used	to	determine	the	student9s	enrollment	intensity	when	the	student	is	enrolled	in	a
combination	of	regular	and	correspondence	coursework.
Students	Enrolled	in	a	Combination	of	Regular	and	Correspondence	Courses
If	a	student	is	enrolled	in	a	non-correspondence	study	program,	but	correspondence	coursework	is	combined	with	regular
coursework,	the	correspondence	courses	must	meet	the	following	criteria	to	be	considered	in	determining	the	student9s
enrollment	intensity:
The	courses	must	apply	toward	the	student9s	degree	or	certificate	or	must	be	remedial	work	to	help	the	student	in
their	course	of	study.
The	courses	must	be	completed	during	the	period	required	for	the	student9s	regular	coursework	(e.g.,	a	term).
The	amount	of	correspondence	work	counted	can9t	be	more	than	the	number	of	credit	hours	of	regular	coursework	in
which	the	student	is	enrolled	(although	a	student	taking	at	least	a	half-time	load	of	correspondence	courses	must	be
paid	as	at	least	a	half-time	student,	regardless	of	the	credit	hours	of	regular	coursework).
This	chart	assumes	that	the	school	defines	full-time	enrollment	as	12	credit	hours	per	term,	and	half-time	enrollment	as
six	credit	hours	per	term.
Regular	Work Correspondence	Work Adjusted	Total	Cours ework Enrollment	Intensity
3 3 6 50%
3 6 6 50%
3 9 6 50%
6 3 9 75%
6 4 10 83%
6 6 12 100%
6 2 8 67%
2 6 6 50%
3 2 5 42%
As	you	can	see	in	the	second	and	third	rows	of	the	table,	the	number	of	correspondence	hours	counted	in	the	total	course
load	was	adjusted	so	that	the	correspondence	hours	never	exceeded	the	regular	hours	taken.	Note	that,	in	the	second	to
last	row	of	the	table,	the	student	is	eligible	for	payment	based	on	half-time	(50%	enrollment	intensity)	in	correspondence
courses,	because	not	all	the	correspondence	work	can	be	counted	toward	enrollment	intensity.
of	the	program.
There	are	two	ways	to	prorate	Pell	costs,	as	shown	in	the	following	examples.	Examples	3	and	4	are	based	on	a	program
that	is	shorter	than	an	academic	year.	Example	5	shows	how	costs	are	prorated	when	they	are	charged	for	a	program	that
is	longer	than	an	academic	year.	Note	that	prorating	the	COA	usually	does	not	affect	the	amount	of	Pell	Grant	the	student
receives.	However,	you9re	required	to	report	the	full-time,	full-year	Pell	budget	when	reporting	disbursements	to	the
Common	Origination	and	Disbursement	System	(COD).
Volume	7,	Chapter	3,	Example	3:	Prorating	Total	Costs	by	Lesser	of	Two	Fractions
You	may	take	the	student9s	entire	COA	(tuition	and	fees,	housing	and	food,	etc.)	and	multiply	it	by	the	lesser	of
the	two	fractions	that	represent	the	length	of	the	academic	year.	One	fraction	is	based	on	credit	or	clock	hours
and	the	other	is	based	on	weeks	of	instructional	time,	as	shown	in	this	example.
Let9s	use	the	example	of	a	program	that	charges	$10,500,	awards	18	semester	credits,	and	is	completed	by	most
full-time	students	within	20	weeks	of	instructional	time.
Credit/clock	hours	in	academic	year	definition	(24)	÷	Credit/clock	hours	awarded	(18)
OR
Weeks	in	academic	year	definition	(30)	÷	Weeks	provided	(20)
Since	the	fraction	using	credit	hours	is	the	lesser	fraction,	the	program	cost	of	$10,500	is	multiplied	by	24/18	to
find	the	full-year	Pell	cost.
$10,500	x	(24/18)	=	$14,000
The	full-time	cost	is	$14,000.
Note:	If	one	of	the	fractions	is	equal	to	one,	for	instance,	if	the	program	awards	24	credit	hours,	then	the	prorated
cost	is	the	same	as	the	original	COA.
Volume	7,	Chapter	3,	Example	4:	Prorating	Academic	Costs	and	Living	Expenses	Separately
As	an	alternative,	you	can	separately	prorate	the	costs	associated	with	credit	or	clock	hours	(tuition	and	fees,
books	and	supplies,	loan	fees)	and	the	costs	associated	with	weeks	of	instructional	time	(housing	and	food,
miscellaneous	expenses,	disability	expenses,	transportation,	dependent	care,	study	abroad,	reasonable	costs
associated	with	employment	as	part	of	a	cooperative	education	program).	Using	our	earlier	example	of	a	program
lasting	20	weeks	and	awarding	18	credit	hours,	and	specifying	that	the	student9s	tuition,	books,	supplies,	etc.,
come	to	$4,500	and	living	expenses	amount	to	$6,000,	the	calculation	would	look	like	this:
$4,500	x	(24/18)	=	$6,000
$6,000	x	(30/20)	=	$9,000
In	this	example,	the	student9s	Pell	COA	is	the	sum	of	the	two	prorated	costs,	or	$15,000.
Volume	7,	Chapter	3,	Example	5:	Prorating	Costs	for	a	Non-term	Program	Longer	Than	an	Academic
Year
Less	Than	Half	Time	Pell	Grant	Cost	of	Attendance
As	stated	above,	the	value	of	each	component	in	the	Pell	Grant	COA	is	always	based	on	the	costs	for	a	full-time	student
for	a	full	academic	year.	However,	students	enrolled	less	than	half	time	may	only	have	certain	components	included	in
their	COA.	You	may	not	include	either	(1)	miscellaneous	personal	expenses	or	(2)	housing	and	food	if	the	student	has
exhausted	their	less-than-half-time	housing	and	food	allowance	(three	semesters	or	equivalent	in	total,	no	more	than	two
of	which	may	be	consecutive	at	any	one	school).	See	
Volume	3,	Chapter	2	of	the	FSA	Handbook	for	a	full	discussion	of
cost	of	attendance	and	allowable	costs	for	less-time-half-time	students.
The	following	examples	use	the	cost	of	attendance	described	below	and	demonstrate	how	a	student9s	Scheduled	Pell
Grant	award	may	differ,	based	on	a	less-than-half-time	enrollment	intensity.	For	demonstration	purposes,	assume	the
student	has	exhausted	their	less-than-half-time	housing	and	food	allowance	at	the	institution.
COA	Component Amount	(FT) Amount	(LTHT)
Tuition	and	Fees $2,500 $2,500
Books	and	Supplies $500 $500
Housing	and	Food $5,000 $0
Transportation $500 $500
Personal	Expenses $500 $0
Pell	Grant	COA	(Full-Year) $9,000 $3,500
You	must	also	prorate	costs	if	they	are	charged	for	a	period	longer	than	an	academic	year.	You	may	use	either	of
the	proration	methods	shown	in	Examples	3	and	4.	We9ll	use	the	example	of	a	program	awarding	1,000	clock
hours	and	providing	40	weeks	of	instructional	time.	Let9s	assume	that	the	school	uses	the	regulatory	minimums
and	defines	the	academic	year	as	900	clock	hours	and	26	weeks.	The	total	costs	over	the	40	weeks,	including
tuition	and	living	expenses,	are	$5,900.	If	we	use	the	method	in	Example	3,	this	amount	must	be	prorated	by	the
lesser	of	the	following	two	fractions:
Credit/clock	hours	in	academic	year	definition	(900)	÷	Credit/clock	hours	awarded	(1,000)
OR
Weeks	in	academic	year	definition	(26)	÷	Weeks	provided	(40)
The	lesser	of	the	two	fractions	is	the	one	based	on	weeks	(26/40).	Multiply	the	total	program	cost	by	this	fraction
to	determine	the	Pell	costs	for	a	full	academic	year:
$5,900	x	(26/40)	=	$3,835
If	the	student	is	in	a	category	where	costs	are	limited,	such	as	less-than-half-time	enrollment,	those	costs	that	are
allowable	must	be	based	on	costs	for	a	full-time	student	for	a	full	academic	year.	For	instance,	the	tuition
component	of	the	Pell	COA	for	a	less-than-half-time	student	must	be	based	on	the	tuition	costs	that	would	be
incurred	by	a	full-time	student	attending	a	full	academic	year.
The	student	is	eligible	for	Max	Pell,	which	is	$7,500	for	demonstration	purposes.	As	a	full-time	student,	the	Pell	Grant	COA
($9,000)	is	greater	than	the	Pell	Grant	amount	($7,500),	so	the	student9s	Scheduled	Award	is	$7,500.	However,	since	the
less-than-half-time	Pell	Grant	COA	($3,500)	is	less	than	the	Pell	Grant	amount	($7,500),	the	student9s	Scheduled	Award	as
a	less-than-half-time	student	is	capped	at	$3,500.	See	<Volume	7,	Chapter	4,	Example	4=	for	a	demonstration	of	how	to
determine	the	student9s	annual	award,	based	on	less-than-half-time	enrollment	intensity.
Pell	Grant	Cost	of	Attendance	for	Cooperative	Education
If	a	student	has	a	co-op	job	for	the	first	term,	the	tuition	and	fees	for	that	period	can	be	prorated	over	the	full	academic
year	for	the	program	(which	must	include	at	least	24	semester/trimester	hours,	36	quarter	credit	hours,	or	900	clock
hours,	as	well	as	30	weeks	of	instructional	time,	or,	for	clock-hour	programs,	26	weeks).	This	prorated	amount	is	then
added	to	the	other	COA	components	to	arrive	at	the	total	cost	for	a	full-time	student	for	a	full	academic	year.
For	the	rest	of	the	year,	your	school	can	either	use	the	COA	with	the	projected	amount	or	can	recalculate	the	student9s
tuition	and	fees	at	the	end	of	the	first	term	to	determine	a	new	COA	for	the	remaining	payment	periods.	This	decision
must	be	consistent	with	your	school9s	overall	policy	on	recalculating	for	changes	in	a	student9s	costs.	Note	that	the	COA
can	also	include	employment-related	expenses.
Pell	Grant	Cost	of	Attendance	for	a	Consortium	Program
A	student	receiving	a	Pell	Grant	for	attendance	at	two	schools	through	a	consortium	agreement	may	have	costs	from	both
schools	at	the	same	time.	The	student9s	COA	is	calculated	in	the	same	way	as	for	a	student	taking	classes	at	only	one
school.	The	student9s	charges	for	tuition	and	fees	and	books	and	supplies	at	the	consortium	schools	must	be	combined
into	a	single	charge	for	a	full	academic	year	for	purposes	of	the	Pell	calculation.
The	school	paying	the	student	may	choose	to	use	actual	charges	for	the	student,	which	would	simply	be	the	sum	of	the
actual	charges	at	each	school.	Of	course,	if	the	student	isn9t	attending	full-time,	your	school	will	have	to	prorate	these
tuition	and	fees	and	books	and	supplies	charges	so	that	they	are	the	correct	amounts	for	a	full-time,	full-year	student.
If	the	disbursing	school	uses	average	charges,	then	the	average	full-time	charges	at	each	of	the	schools	must	be	prorated
and	combined.	If	the	student	is	taking	a	full-time	load	at	each	school,	the	full-time	tuition	and	fees	charges	for	an
academic	year	at	each	school	can	be	averaged	to	determine	the	tuition	and	fee	cost.	However,	if	the	student	is	taking	an
unequal	course	load,	the	disbursing	school	must	prorate	the	charges	based	on	the	number	of	hours	the	student	is	taking
at	each	school.
1.	The	academic	calendar	consists	of	two	semesters	or	trimesters	(fall	and	spring)	or	three	quarters	(fall,	winter,
and	spring),	none	of	which	overlap	any	other	term	in	the	program	(including	a	summer	term,	which	need	not
meet	the	definition	of	a	standard	term);	or
2.	The	academic	calendar	consists	of	any	two	semesters	or	trimesters	or	any	three	quarters	where4
The	school	starts	the	terms	for	different	cohorts	of	students	on	a	periodic	basis	(e.g.,	monthly);
The	program	is	offered	exclusively	in	semesters,	trimesters,	or	quarters;	and
Students	are	not	allowed	to	be	enrolled	simultaneously	in	overlapping	terms	and	must	stay	with	the	cohort
in	which	they	start	unless	they	withdraw	from	a	term	(or	skip	a	term)	and	re-enroll	in	a	subsequent	term.
For	Formula	1,	the	term	is	the	payment	period,	and	you	divide	the	student9s	annual	award	by	the	number	of	terms	in	the
program9s	academic	year.	You	can	combine	modules	into	a	standard	term	that	meets	the	requirements	for	Formula	1.
(See	the	discussion	under	"Combining	modules	into	a	standard	term"	in	Volume	3,	Chapter	1	for	examples.)	You	must	use
the	same	formula	for	a	program	for	all	payment	periods	in	an	award	year.
Pell	Formula	1	Examples
Pell	Formula	1
34	CFR	690.63(a)(1)
34	CFR	690.63(b)
Note:	Examples	use	fictional	maximum	($7,500)	and	minimum	($750)	Pell	Grant	award	amounts	for
demonstration	purposes	only.	Award	amounts	in	examples	in	this	volume	should	not	be	used	in	packaging	Pell
Grants	for	the	2025-26	award	year.
Volume	7,	Chapter	4,	Example	1:	Traditional	Academic	Calendar
In	Formula	1,	the	annual	award	is	simply	divided	by	the	number	of	terms	in	the	fall	through	spring	at	a	school	with
a	traditional	academic	calendar.
Full-time	definition:	30	weeks	of	instruction;	12	credits	per	term
Scheduled	Pell	Grant	award:	$7,500
Semester	Disbursement	Schedule
Fall Spring
Credit	Hours	(Enrollment	Intensity	%) 12	(100%) 15	(100%)
Annual	Pell	Award $3,750 $3,750
Quarter	Disbursement	Schedule
Fall Winter Spring
Credit	Hours	(Enrollment	Intensity	%) 12	(100%) 15	(100%) 12	(100%)
Annual	Pell	Award $2,500 $2,500 $2,500
Since	the	student	is	enrolled	full	time	in	either	two	semesters	or	three	quarters,	they	will	have	received	a	full
Scheduled	Award	at	the	end	of	the	spring	term.	If	the	student	enrolls	in	a	summer	term,	they	may	be	eligible	to
receive	further	Pell	funds	from	the	Year-Round	Pell	provision.	See	the	Year-Round	Pell	Grant	section	in	Chapter	5
of	this	volume.
Volume	7,	Chapter	4,	Example	2:	Nontraditional	Academic	Calendar
A	school	offers	a	program	that	has	an	academic	year	of	36	weeks	of	instructional	time	and	36	quarter	hours	and	is
offered	exclusively	in	quarters.	A	new	cohort	of	students	starts	a	quarter	on	the	first	workday	of	each	month,	and
a	student	is	not	allowed	to	take	courses	in	overlapping	terms	outside	that	student9s	cohort.
Any	three	quarters	of	the	program	provide	at	least	30	weeks	of	instructional	time	since	each	quarter	is	12	weeks
of	instructional	time	in	length.	To	be	full	time,	a	student	must	be	enrolled	in	at	least	12	quarter	hours	each	term.	A
student	enrolled	full	time	in	any	three	quarters	would	have	their	Scheduled	Award	divided	by	3	to	determine	their
disbursement	for	each	payment	period.
Full-time	definition:	30	weeks	of	instruction;	12	credits	per	term
Scheduled	Pell	Grant	award:	$7,500
Disbursement	Schedule
Term	1 Term	2 Term	3
Credit	Hours	(Enrollment	Intensity	%) 12	(100%) 15	(100%) 12	(100%)
Annual	Pell	Award $2,500 $2,500 $2,500
If	the	student	enrolls	in	a	fourth	term,	they	may	be	eligible	to	receive	further	Pell	funds	from	the	Year-Round	Pell
provision.	See	the	Year-Round	Pell	Grant	section	in	Chapter	5	of	this	volume.
Volume	7,	Chapter	4,	Example	3:	Enrollment	Intensity	Change
Full-time	definition:	30	weeks	of	instruction;	12	semester	credits	per	term
Scheduled	Pell	Grant	award:	$7,500
Disbursement	Schedule	(Full-time)
Fall Spring
Credit	Hours	(Enrollment	Intensity	%) 12	(100%) 15	(100%)
Annual	Pell	Award $3,750 $3,750
If	the	same	student	enrolls	in	12	credits	in	the	fall	and	but	reduces	their	spring	enrollment	to	9	credits	before	the
start	of	the	spring	semester,	their	spring	payment	will	be	based	on	75%	enrollment	intensity	for	spring,	rather
than	the	full-time	Scheduled	Award.
Full-time	Scheduled	Pell	Grant	award:	$7,500
Disbursement	Schedule	(Less	than	full-time)
Fall Spring
Credit	Hours	(Enrollment
Intensity	%)
12
(100%)
9	(75%)
Annual	Pell	Award $3,750 ($7,500	x	75%)	÷	2	=	$2,812.50	(which	may	be	 rounded	to
$2,813)
Volume	7,	Chapter	4,	Example	4:	Less-than-half-time	Enrollment	and	Pell	Grant	COA
A	student	plans	to	enroll	full	time	in	the	fall	and	spring	semesters.	The	school	determines	the	student9s
disbursement	schedule,	shown	below.
Full-time	definition:	30	weeks	of	instruction;	12	credits	per	term
FT	Pell	Grant	COA:	$9,000
FT	Scheduled	Pell	Grant	award:	$7,500
Semester	Disbursement	Schedule
Fall Spring
Credit	Hours	(Enrollment	Intensity	%) 12	(100%) 15	(1 00%)
Annual	Pell	Award $3,750 $3,750
Before	the	start	of	the	fall	semester,	the	student	decides	they	need	to	reduce	their	planned	enrollment	to	3
credits	in	each	term,	which	is	less	than	half	time.	The	school	determines	the	student9s	less	than	half-time	(LTHT)
Pell	Grant	COA	is	$3,500,	based	on	the	restrictions	on	which	COA	components	can	be	included	for	a	less-than-half-
time	student.	See	<Less	Than	Half	Time	Pell	Grant	Cost	of	Attendance=	in	Chapter	3	of	this	volume	for	further
Formula	1	Alternate	Calculation
If	a	standard-term	program	meets	the	requirements	to	use	Formula	1	or	Formula	2,	you	have	the	option	of	dividing	the
annual	award	by	the	number	of	all	the	terms	(including	the	summer	term)	in	the	award	year.
Pell	Formula	2:	Standard-Term	Programs	with	Less	Than	30	Weeks	in	the	Fall	Through	Spring
The	regulations	provide	an	option	for	standard-term	programs	whose	fall	through	spring	terms	provide	less	than	30	weeks
discussion	of	this	topic.
LTHT	Pell	Grant	COA:	$3,500
LTHT	Scheduled	Pell	Grant	award:	$3,500
Since	the	student9s	Scheduled	Award	is	limited	by	the	student9s	LTHT	Pell	Grant	COA,	the	school	uses	the	capped
Scheduled	Award	as	the	starting	point	for	prorating	the	award	by	the	enrollment	intensity.
Semester	Disbursement	Schedule
Fall Spring
Credit	Hours
(Enrollment	Intensity
%)
3	(25%) 3	(25%)
Annual	Pell	Award ($3,500	x	25%)	÷	2	=	$437.50	(whic h
may	be	rounded	up	to	$438)
($3,500	x	25%)	÷	2	=	$437.50	(which	may
be	rounded	down	to	$437)
After	completing	3	credits	in	the	fall,	the	student	decides	they	can	handle	an	extra	course	in	the	spring	semester
and	enrolls	in	6	credits.	Since	the	student	is	enrolled	at	least	half	time	in	the	spring,	the	school	uses	the	full-time,
full-year	Pell	Grant	COA	to	determine	the	student9s	Scheduled	Award	($7,500).
Semester	Disbursement	Schedule
Fall Spring
Credit	Hours	(Enrollment
Intensity	%)
3	(25%) 6	(50%)
Annual	Pell	Award ($3,500	x	25%)	÷	2	=	$437.50	(whic h	may	be	rounded
up	to	$438)
($7,500	x	50%)	÷	2	=
$1,875
Note:	In	this	example,	the	student9s	total	annual	award	based	on	less-than-half-time	enrollment	in	the	fall
(25%	enrollment	intensity)	and	half-time	enrollment	in	the	spring	(50%	enrollment	intensity)	is	$2,313
($438	in	the	fall	plus	$1,875	in	the	spring).	COD	will	only	accept	one	Pell	COA	and	one	annual	award	for
the	award	year.	Schools	should	report	the	larger	COA	and	total	annual	award	to	COD	to	calculate	the
Scheduled	Award	and	Pell	LEU	correctly.
of	instructional	time.	Formula	2	may	be	advantageous	for	your	summer	term	calculations	as	it	allows	you	to	pay	the	same
Pell	amount	for	the	summer	term	as	you	would	for	a	traditional	fall	through	spring	term.	You	may	use	Formula	2	if	the
program:
Has	an	academic	calendar	that	consists	of	two	semesters	or	trimesters	(in	the	fall	through	the	following	spring)	or
three	quarters	(in	the	fall,	winter,	and	spring);
Does	not	have	overlapping	terms;	and
Measures	progress	in	credit-hours	and	defines	full-time	enrollment	for	each	term	in	the	award	year	as	at	least	12
credit-hours.
Pell	Formula	2	Example
Pell	Formula	2
34	CFR	690.63(a)(2)
34	CFR	690.63(c)
Note:	Examples	use	fictional	maximum	($7,500)	and	minimum	($750)	Pell	Grant	award	amounts	for
demonstration	purposes	only.	Award	amounts	in	examples	in	this	volume	should	not	be	used	in	packaging	Pell
Grants	for	the	2025-26	award	year.
Volume	7,	Chapter	4,	Example	5:	Calculation	for	Standard	Terms	With	Fall	Through	Spring	Terms	Less
Than	30	Weeks
A	school	offers	a	program	with	a	14-week	fall	term,	15-week	spring	term,	and	10-week	summer	term.	The	school
defines	its	academic	year	as	24	semester	hours	and	30	weeks.	Because	the	fall	and	spring	terms	provide	less
than	the	minimum	30	weeks	of	instructional	time	for	an	academic	year,	a	student9s	full-time	Scheduled	Award
must	be	prorated	based	on	the	number	of	weeks	in	the	academic	calendar	to	determine	the	annual	Pell	Grant
award.	The	annual	Pell	Grant	award	is	then	divided	by	the	number	of	terms	in	the	fall	through	spring.
Scheduled	Award:	$7,500
Weeks	in	the	academic	year	(fall	through	spring):	29
Annual	award:	($7,500	*	29)	÷	30	=	$7,250
Disbursement	Schedule
Fall	(14	weeks) Spring	(15	weeks)
Credit	Hours	(Enrollment	Intensity	%) 12	(100%) 15	(100%)
Annual	Pell	Award $3,625 $3,625