[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: 34CFR690.80]

[Page 909]
 
                           TITLE 34--EDUCATION
 
 CHAPTER VI--OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION
 
PART 690_FEDERAL PELL GRANT PROGRAM--Table of Contents
 
               Subpart G_Administration of Grant Payments
 
Sec. 690.80  Recalculation of a Federal Pell Grant award.

    (a) Change in expected family contribution. (1) The institution 
shall recalculate a Federal Pell Grant award for the entire award year 
if the student's expected family contribution changes at any time during 
the award year. The change may result from--
    (i) The correction of a clerical or arithmetic error under Sec. 
690.14; or
    (ii) A correction based on information required as a result of 
verification under 34 CFR part 668, subpart E.
    (2) Except as described in 34 CFR 668.60(c), the institution shall 
adjust the student's award when an overaward or underaward is caused by 
the change in the expected family contribution. That adjustment must be 
made--
    (i) Within the same award year--if possible--to correct any 
overpayment or underpayment; or
    (ii) During the next award year to correct any overpayment that 
could not be adjusted during the year in which the student was overpaid.
    (b) Change in enrollment status. (1) If the student's enrollment 
status changes from one academic term to another term within the same 
award year, the institution shall recalculate the Federal Pell Grant 
award for the new payment period taking into account any changes in the 
cost of attendance.
    (2)(i) If the student's projected enrollment status changes during a 
payment period after the student has begun attendance in all of his or 
her classes for that payment period, the institution may (but is not 
required to) establish a policy under which the student's award for the 
payment period is recalculated. Any such recalculations must take into 
account any changes in the cost of attendance. If such a policy is 
established, it must apply to all students.
    (ii) If a student's projected enrollment status changes during a 
payment period before the student begins attendance in all of his or her 
classes for that payment period, the institution shall recalculate the 
student's enrollment status to reflect only those classes for which the 
student actually began attendance.
    (c) Change in cost of attendance. If the student's cost of 
attendance changes at any time during the award year and his or her 
enrollment status remains the same, the institution may (but is not 
required to) establish a policy under which the student's award for the 
payment period is recalculated. If such a policy is established, it must 
apply to all students.

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

[50 FR 10724, Mar. 15, 1985, as amended at 59 FR 54735, Nov. 1, 1994]