Federal Pell Grants are awarded to undergraduate students who demonstrate financial need and who have not yet earned a bachelor’s degree. Pell Grants are considered the foundational financial aid to which other federal and nonfederal aid may be added. The Estimated Family Income (EFC), calculated by FAFSA data, determines whether a student is Pell-eligible and the amount to which the student is entitled. Please note that there are limits upon the maximum amount you may receive each year and upon the total amount (aggregate Pell limit) you may receive.
To qualify for Pell, the Financial Aid Office must receive a valid FAFSA while the student is enrolled.
Effective in the Fall 2012 semester, students are now limited to 12 semesters (600%) of Pell Grant eligibility during their lifetime. This change occurred when President Obama signed into law the Consolidated Appropriations Act of 2012 (PL 112-74). This change affects all students regardless of when or where they received their first Pell Grant. If you have attended college for 4 years or longer and received the Pell Grant each year as a full-time student, you are likely to have exhausted your lifetime Pell limit of 12 semesters. If you have attended college and received the Pell Grant for 4 years or less, you will likely not surpass your lifetime limit. Whether or not you have yet surpassed your lifetime limit, please be conscious of the limit when changing majors or scheduling classes.
For more information about Federal Pell Grants, click here.
SEOG is a grant available to Pell-eligible undergraduate students who demonstrate exceptional financial need. The amount awarded is determined by the student’s need and by the availability of SEOG funds at the College. To apply, complete your FAFSA by the College’s priority deadline of March 1st.
For more information about SEOG, click here.
A student whose parent or guardian died as a result of military service in the U.S. Armed Forces in Iraq or Afghanistan after September 11, 2001 may be eligible to receive the Iraq and Afghanistan Service Grant (IASG).
Additional student eligibility requirements include:
- Must be ineligible for a Federal Pell Grant due to possessing less financial need than is required for Pell funds.
- Must be under 24 years old or
- Must be enrolled at least part-time at the time of the parent or guardian’s death.
For more information about Iraq and Afghanistan Service Grants, click here.
Through the College Cost Reduction and Access Act of 2007, Congress created the Teacher Education Assistance for College and Higher Education (TEACH) Grant Program that provides grants of up to $4,000* per year to students who intend to teach in a public or private elementary or secondary school that serves students from low-income families in a high need subject area.
*Due to sequestration, TEACH Grant awards where the first disbursement is made on or after October 1, 2015 and before October 1, 2016 must be reduced by 6.8% from the award amount for which the student would otherwise have been eligible to receive.
In exchange for receiving a TEACH Grant, you must agree to serve as a full-time teacher in a high-need field in a public or private elementary or secondary school that serves low-income students (see below for more information on high-need fields and schools serving low-income students). As a recipient of a TEACH Grant, you must teach for at least four academic years within eight calendar years of completing the program of study for which you received a TEACH Grant.
Eligibility Requirements for McDaniel College Undergraduate Students:
- Must complete a Free Application for Federal Student Aid (FAFSA)
- Meet all eligibility requirements for federal student aid
- Be enrolled as an undergraduate, student in a post secondary educational institution
- Be enrolled in a program of study designated as TEACH Grant eligible program. Undergraduate students must be accepted into one of the following programs:
- Education Minor with a Major in a high need field.
- Meet certain academic achievement requirements (generally, scoring above the 75th percentile on a college admissions test or maintaining a cumulative GPA of at least 3.25 prior to applying for the grant and during each of the semester that the grant is awarded)
- Complete TEACH Grant counseling online with the U.S. Department of Education annually.
- Sign a TEACH Grant Agreement to Serve and respond to requests by the U.S. Department of Education confirming your continuing intention to meet the teaching obligation.
- Contact the financial aid office to inform us about your TEACH grant application.