The Pell Grant Lifetime Eligibility Used (LEU)


The Federal Pell Grant regulations limit the amount of Pell Grant that any student can receive in a lifetime to 600% or the equivalent of six-years For example; an award year is a period from July 1 of one calendar year to June 30 of the next calendar year. ED tracks the student LEU by adding the percentages of the Pell Grant scheduled awards each student receives for each award year. If a student receives in a year $2,775 of a $5,550 scheduled award the student would have received a 50% LEU, or likewise $3,750 of a $5,000 scheduled award the student percent used would be 75% and a receipt of $4,000 of a $4,000 scheduled award the percent used would be calculated at 100% for that year until the student reaches a combined total of 600% Lifetime Eligibility Used. A student may log on the National Student Loan Data System (NSLDS) using the assigned Federal Student FSAID PIN and view the LEU at: www.nslds.ed.gov. In addition, students may also check the status of their borrowed loan account balances and payment history, again using the 4-digit pin number, twenty-four (24) hours a day on the website noted at: www.myedaccount.com. Also, at the website: www.myeddebt.com students can conduct Debt Resolution and resolve defaulted loans through online payment. Moreover, any student that wishes to participate in the federal direct loan consolidation program may do so by contacting: www.loanconsolidation.ed.gov.