Congress has approved an increase in the maximum Pell Grant award to $8,500 for the 2026-2027 academic year, up from $7,395, the largest single-year increase in the program's history.

Impact

The increase will benefit 7 million low-income students. Combined with institutional aid, the enhanced Pell Grant covers full tuition at most community colleges and significantly reduces costs at state universities.

Eligibility

Students from families earning under $60,000 generally qualify for the full award. The simplified FAFSA has made applying faster and easier than ever.