Zestimates: Improving accuracy. Zillow says Zestimates currently have a median error rate of 8%. That may seem to be a large margin â but it has improved. The algorithm began with a 13.6% median error rate in 2006, according to Zillow. However, error rates can vary widely, depending on where you live.
Grant Date. 1  The date on which an option or other award is granted. 2  The date on which an employee is given a stock option. The grant date is usually later than the date on which it is announced that stock options will be distributed.
' Scheduled award:' The maximum amount of Federal Pell Grant funding a student can receive is calculated for an award year. An award year is a period from July 1 of one calendar year to June 30 of the next year.he changes would take effect for the 2011â12 school year, decreasing the maximum amount of aid for the most needy students from $5,550 to $4,705 a year; in addition, about 1.7 million students who receive smaller Pell Grants would become ineligible for the program.