Will We Have To Calculate the COA Using the Pell Enrollment Intensity Percentages?
Award Year: 2024-25 KA-36591 Helpfulness Rating 410 page viewsThis guidance is specific to the 2024-25 award year and later.
We don't think so, but we don't know yet. The U.S. Department of Education (ED) is still exploring whether schools will have to calculate the cost of attendance (COA) on a per-credit-hour or per-clock-hour basis (rather than by full-time, three-quarter-time, half-time, and less-than-half-time status) when enrollment intensity is being used to calculate a Federal Pell Grant.
As soon as we have an answer, we will update this Q&A.
AskRegs Q&As represent NASFAA's understanding of regulatory and compliance issues. They are FOR INTERNAL USE ONLY. While NASFAA believes AskRegs Q&As are accurate and factual, they have not been reviewed or approved by the U.S. Department of Education (ED). If you should need written confirmation of AskRegs information for audit or program review purposes, please contact your ED School Participation Division. NASFAA shall not be liable for technical or editorial errors or omissions contained herein; nor for incidental or consequential damages resulting from the furnishing, performance, or use of this material.
Join NASFAA
Join NASFAA and receive full member access to the AskRegs Knowledgebase and question services.
Learn More