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2013 Federal Pell Grant Increase

"Slight" increase of Federal Pell Grant

Section 401(b)(7)(B) of the Higher Education Act of 1965, as amended (HEA), provides for an automatic increase to the appropriated Federal Pell Grant maximum award, resulting in a 2013-2014 maximum award of $5,645. This maximum Pell Grant award for the 2013-2014 Award Year is an increase of $95 from the $5,550 maximum Pell Grant award for the 2012-2013 Award Year.

The corresponding maximum Pell Grant eligible expected family contribution (EFC) for 2013-2014 is 5081 as compared to 4995 for the 2012-2013 Award Year.