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PELL amounts vary from year to year according to the total amount of money budgeted by Congress to the program. Your EFC, the number of semesters you attend each academic year, and your enrollment status each semester also affect how much PELL you receive each term. The federal government sets new PELL maximums every award year.
Generally speaking, you may receive up to 2 full-time semesters of Pell Grant in any single award year.
Note that you may receive PELL funds from only one school each term. If you are attending more than one college or business school for the same semester, you may not receive PELL funds at both schools. If you do receive a payment of PELL from more than one school in the same semester, you will have to return one of the payments to the federal government.
During the 2016-17 year, the maximum PELL paid to a full-time student with a "0" EFC is $2907.50 per semester for a maximum of 2 semesters of full-time enrollment. If your EFC is greater than "0" or your enrollment status less than full-time, your PELL will be adjusted downward according to the Pell Grant Award Schedule.