In practice, your offer depends on the basic laws of supply and demand: If multiple buyers are competing for a home, sellers will likely get full-price offers and a house may go for over asking price. If demand in your area is weak, an offer below the asking price might be a savvy strategy.
Award Amounts. For full-time students, the maximum award amount is $5,550 and the minimum amount is $1,176. Part-time students receive reduced amounts depending on whether they enroll quarter-time, half-time or three-quarter-time. Half-time students are eligible to receive half of what full-time students receive: a maximum of $2,775.
The maximum Pell Grant for the 2015-2016 award year is $5,775 and the maximum Pell Grant award for each term is $1,925.The Expected Family Contribution (EFC) range for Pell Grant eligibility is 0 â $ 5,198.The maximum Pell Grant for the 2014-2015 award year is $5,730 and the maximum Pell Grant award for each term is $1,910.The Expected Family Contribution (EFC) range for Pell Grant eligibility is 0 â $ 5,157.The Pell Grant is awarded to undergraduate students who have not earned a Bachelor's or professional degree.he Expected Family Contribution (EFC) range for Pell Grant eligibility is 0 â $ 5,198. The maximum Pell Grant for the 2014-2015 award year is $5,730 and the maximum Pell Grant award for each term is $1,910.