Federal Pell Grant Policy:
Federal Pell Grant Recalculation Policy
Yale University recognizes one Federal Pell Grant recalculation date per term.
Undergraduate Financial Aid recalculates a student’s Federal Pell Grant anytime there is a change in the student’s Student Aid Index (SAI), enrollment status, or Cost of Attendance (COA).
A student must start at least one day in each enrolled course in order for it to count toward their enrollment and must attend after the recalculation date of each term to prevent an award adjustment. If the student completes a Free Application for Federal Student Aid (FAFSA) after the recalculation date, Undergraduate Financial Aid will use the enrollment at the point federal eligibility is confirmed, even if it is after the original recalculation date. The recalculation date used will be the published midterm date for Fall and Spring. Summer recalculation is the start date of Session B.
If, as a result of the recalculation, the student has received more than their award amount, then the student has received an overpayment. The University will return the overaward or overpayment on behalf of the student to the appropriate funding source and/or will reduce or adjust any future payments.
Summer Pell Grant and Iraq and Afghanistan Service Grant Policy
Undergraduate Financial Aid will review a student’s federal eligibility prior to awarding the Federal Pell Grant and the Iraq and Afghanistan Service Grant (IASG) for summer terms. Students who have eligibility for the Federal Pell Grant/IASG over the summer will be awarded the grant based on their eligibility as determined by the Free Application for Federal Student Aid (FAFSA) belonging to the academic year. For example, the FAFSA for 2024-2025 will be used to determine eligibility for Summer 2025. At least half-time enrollment is required for students eligible to utilize the 150% Federal Pell Grant/IASG award.