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Lifetime Pell Grant Limit
The federal Department of Education recently established new regulations which reduce the duration of a student’s eligibility to receive a federal Pell Grant from 18 full-time semesters (or its equivalent) to 12 full-time semesters (or its equivalent). This provision applies to all federal Pell Grant eligible students effective 2012-13.
What does this mean to you?
Beginning with Fall 2012, a student has 6 years (12 full-time semesters) of total Pell Grant lifetime eligibility. (This includes all years Pell was received prior to Fall 2012.) All the years each student has received federal Pell grant will be counted toward the 6 years, regardless of when the student began receiving aid.
The Oxnard College Financial Aid office will continue processing each student’s Pell grant unless he or she notifies the financial aid office not to do so. If a student is close to the 12-semester limit and does not want to utilize their Pell Grant at Oxnard College, they must notify the financial aid office. The Board of Governor’s Fee waiver (BOGW) will continue waiving enrollment fees if the student is eligible.
Tracking Your Lifetime Eligibility Used on NSLDS
You can find your Lifetime Eligibility Used for the federal Pell Grant by going to the Web site nslds.ed.gov and creating a student account. NSLDS, the National Student Loan Data System, tracks your lifetime Pell Grants, loan usage and overpayment status. If you have loans, you may view how much you owe and to whom.
The National Student Loan Data System (NSLDS)
Obtain a Personal Identification Number (PIN) from the U.S. Department of Education. Your PIN serves as your electronic signature and provides access to your personal records with the U.S. Department of Education systems. You can request a PIN via the U.S. Department of Education’s PIN Web site at www.pin.ed.gov
Access NSLDS by going to www.nslds.ed.gov. On the NSLDS screen, click on Financial Aid Review
Read the privacy statement on this screen. If you agree, click Accept to find your Lifetime Eligibility Used. A security configuration question may or may not prompt depending on your browser’s security configuration. If you are comfortable with your browser’s current security configuration, click Accept to continue. The Confirming Your Identity screen will appear after you click Accept.
Enter your Social Security number (SSN), the first two letters of your last name, your date of birth, and your PIN to confirm your identity. Keep your PIN safe and secure.
View the Financial Aid Review screen listing your total Lifetime Eligibility Used