how much is the pell grant worth
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.