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Federal Pell Grant facts. Federal Pell Grants, the largest source of federally funded grants, are awarded solely based on your financial need (academic grades and extra-curricular activities arenât a factor). The maximum award for the 2017-18 academic year is $5,920.
The current maximum annual Pell Grant is $5,775. Students may receive a Pell Grant up to a maximum of 12 semesters, which can be used at Hampshire even if no other aid is received. Students must apply directly to the Federal Pell Grant Program by using the Free Application for Federal Student Aid (FAFSA).