Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Pell Grant and 4 disbursements vs 3?
#1
Hello all,

I've been awarded a Pell Grant and it's currently set up to be disbursed in four equal amounts over the next year. The thing is I'd like to have it in 3 pieces vs. four because of how I'm going to be taking courses.

So, my question is, has anyone had is divided into other increments besides four chunks? If so, how any details on the why/how would be much appreciated. I've got an email into TESC about redividing it, but I wanted to see if there was an precedent for it among you all, or if I'm all wet on this.


Thanks!
Reply
#2
ncpenn Wrote:Hello all,

I've been awarded a Pell Grant and it's currently set up to be disbursed in four equal amounts over the next year. The thing is I'd like to have it in 3 pieces vs. four because of how I'm going to be taking courses.

So, my question is, has anyone had is divided into other increments besides four chunks? If so, how any details on the why/how would be much appreciated. I've got an email into TESC about redividing it, but I wanted to see if there was an precedent for it among you all, or if I'm all wet on this.


Thanks!

I don't think that's an option, or it didn't used to be. I had to take mine in 4.
Reply
#3
cookderosa Wrote:I don't think that's an option, or it didn't used to be. I had to take mine in 4.

My experience was the same as Cook's. My first time around in 2004-2005, I vaguely recall asking something similar because we were moving across the country and needed time to get us settled and find a new job. I was told I could take a semester off to give myself a break, but it would not redistribute my award package over the three remaining terms. Rather, I would just relinquish part of it by not taking courses the term I chose as a "break." (And if you do choose a term as a break, make sure to let Fin Aid know in advance.)

Hopefully something has changed. Good luck! TESC's Fin Aid department is the only one I had a customer service issue with, but...goodness, it was one issue after another because of their incompetence, both back in 2004-2005, and again in 2011. They are not known for their flexibility or helpfulness.
BSBA, HR / Organizational Mgmt - Thomas Edison State College, December 2012
- TESC Chapter of Sigma Beta Delta International Honor Society for Business, Management and Administration
- Arnold Fletcher Award

AAS, Environmental, Safety, & Security Technologies - Thomas Edison State College, December 2012
AS, Business Administration - Thomas Edison State College, March 2012
Reply
#4
That kind of what i expected. We will see what they answer. However, I was reading that how the money is paid out is up to each school (e.g. it isn't a federal mandate to split it into 4 pieces). We'll see ...
Reply
#5
ncpenn Wrote:That kind of what i expected. We will see what they answer. However, I was reading that how the money is paid out is up to each school (e.g. it isn't a federal mandate to split it into 4 pieces). We'll see ...

I ended up using all 4 sessions for classes, it worked out fine, but you'd have to calculate if it's more expensive to do so. I remember (it's been several years ago) that I was right on the line for breaking even. Meaning what it cost to attend and what they were giving me were just about even.
Reply
#6
cookderosa Wrote:I ended up using all 4 sessions for classes, it worked out fine, but you'd have to calculate if it's more expensive to do so. I remember (it's been several years ago) that I was right on the line for breaking even. Meaning what it cost to attend and what they were giving me were just about even.

I've already compared costs. Even though it would be a little cheaper to lengthen out to 4 terms (around $500), I'm not sure if I want to sacrifice the speed factor. I like the idea of getting done quicker. I'm really hoping the FA dept surprises me by working with me on the re-dividing.
Reply


Possibly Related Threads...
Thread Author Replies Views Last Post
  2023-2024 Pell Grant Max: $7395 (Options to use this) bjcheung77 8 3,069 07-31-2023, 10:53 AM
Last Post: bjcheung77
  5 Random Questions [LOR, Pell, SNHU, etc] omicreativedev 5 1,094 01-07-2023, 04:03 AM
Last Post: rachel83az
  Short-term Pell for online? Alpha 11 1,453 06-30-2022, 11:19 PM
Last Post: ss20ts
  Clarification on how Pell Grant works? OP88 2 858 05-31-2021, 03:51 PM
Last Post: OP88
  PSA Apply for FAFSA/Pell Grant Now ashkir 0 762 01-18-2021, 09:21 PM
Last Post: ashkir
  Fafsa Pell Grant Giantzebra 3 894 11-08-2020, 07:31 PM
Last Post: ss20ts
  Best use of a Pell Grant amomwholearns 3 1,251 08-10-2020, 02:28 PM
Last Post: hsfamfun
  Maximize Pell Grant by changing Majors nosideedison 14 3,713 10-15-2019, 12:19 AM
Last Post: Ideas
  Pell Grants Collegelady2 20 4,021 06-03-2017, 02:43 AM
Last Post: sanantone
  Wanting to get Pell Grant overage Ideas 14 2,527 05-04-2017, 02:59 PM
Last Post: rebel100

Forum Jump:


Users browsing this thread: 1 Guest(s)