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Pell Grant explainer: How they work and what changes July 1
- The One Big Beautiful Bill Act expands Pell Grants to include short-term workforce programs lasting 8 to 15 weeks.
- July 1, 2026 marks the start of the new Pell Grant provisions and updates to the program.
- Maximum Pell Grant amount for 2026-2027 is set at $7,395 for eligible undergraduates.
- Eligibility depends on multiple factors including FAFSA data, cost of attendance, and enrollment status.
- Ineligibility can occur if non-federal scholarships cover all costs or if the Student Aid Index exceeds a threshold.
- SAI limits now cap eligibility at twice the maximum Pell Grant amount.
- The act allows Pell funding for up to 12 terms, equivalent to six years.
- Eligibility can include dependents of certain military or public safety personnel for maximum awards.
- The changes are designed to align aid with high-demand, high-skill occupations.
- Other loans and repayment reforms are linked to the broader changes in federal student aid.
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