Pell Grant 2024 Maximum 2024. Students with a familial wealth of $500 or less would be eligible for an additional $7,395, which is the current maximum pell grant award, so the plan. Under section 401 (a) (2) (f) of the hea, as amended, the minimum pell grant award is ten percent of the maximum.
The proposed fiscal year 2025 budget increases the maximum pell grant for students who attend public and nonprofit private colleges by $750. We provided a $900 increase to the maximum pell grant award โ the largest increase in over a decade, canceled debt for hundreds of thousands of borrowers.