[Code of Federal Regulations]
[Title 34, Volume 3]
[Revised as of July 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 34CFR690.62]

[Page 901]
 
                           TITLE 34--EDUCATION
 
 CHAPTER VI--OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION
 
PART 690_FEDERAL PELL GRANT PROGRAM--Table of Contents
 
          Subpart F_Determination of Federal Pell Grant Awards
 
Sec. 690.62  Calculation of a Federal Pell Grant.

    (a) The amount of a student's Pell Grant for an academic year is 
based upon the payment and disbursement schedules published by the 
Secretary for each award year.
    (b) No payment may be made to a student if the student's annual 
award is less than $200. However, a student who is eligible for an 
annual award that is equal to or greater than $200, but less than or 
equal to $400, shall be awarded a Federal Pell Grant of $400.

(Authority: 20 U.S.C. 1070a(a)(2))

[50 FR 10722, Mar. 15, 1985, as amended at 59 FR 54730, 54732, Nov. 1, 
1994]