If Summer 2024 Is a Header To 2024-25, Must We Use the Student Aid Index To Calculate a Pell Grant?
KA-36639 Helpfulness Rating 219 page viewsThis guidance is not award-year-specific and applies across award years.
Yes. According to U.S. Department of Education's (ED's) FAFSA Simplification Questions and Answers, PEL-Q1/A1:
"PEL-Q1: Our school’s academic calendar includes a crossover payment period that begins before July 1, 2024. We treat crossover payment periods as headers. Are we expected to use the new method for calculating Pell Grants for this payment period?
PEL-A1: Yes. Any Pell Grant disbursement for a payment period within the 2024-25 award year must use the new process for calculating the Scheduled Award and disbursement amounts."
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