The Department of Education (ED) on Thursday announced that the 2017-18 maximum Pell Grant is increasing to $5,920, and that it will be publishing Pell Grant Payment schedules earlier than in prior years. The earlier schedules, which will be released in the coming weeks, is something that has been advocated for by NASFAA and other higher education groups. The announcement comes days before the official launch of Early FAFSA, which allows students to file their FAFSA starting on October 1. Students and families will also use prior-prior year (PPY) income to complete their FAFSA moving forward. For more information on PPY and Early FAFSA, visit NASFAA's PPY Toolkit.
Publication Date: 9/29/2016