The Federal Pell Grant is available to assist students in meeting educational costs and does not have to be repaid. It is intended to assist those students with high financial need. Students can only receive a maximum of 6 years of full-time Pell Grant towards their undergraduate education, including study at a four-year college or university.
This federally-funded program provides grants to undergraduates with high financial need who have not already received a bachelor's degree. The maximum award for the 2023-2024 academic year is $7,395 for full-time enrollment. Actual award amounts vary according to your eligibility index (or student aid index (SAI), formerly expected family contribution (EFC)). The Student Aid Index number is calculated using the federally mandated formula and is based on the information on your FAFSA.
Students cannot be paid Pell Grant at two different schools for the same enrollment period. This includes overlapping terms.
If students have received full-time Pell Grant for both the Fall and Spring terms and wish to receive a Pell Grant for the Summer term, the students must be enrolled in at least six units to be eligible.
Students intending to transfer to a four-year college or university should not use more than 300% or half of their Pell Grant lifetime eligibility at IVC. In order to reserve potential future grant eligibility, please contact the Financial Aid Office at 949-451-5287.
About Federal Student Financial Aid Programs
NOTICE — You must complete the Free Application for Federal Student Aid (FAFSA) to apply for any of the Federal programs. You must be a U.S citizen or an eligible noncitizen to qualify for aid. If you are in default on a student loan or owe a refund on a federal grant, you will not be eligible for federal student financial aid until the default is cleared or the overpayment repaid.