Federal Pell Grant (PELL) The Federal Pell Grant is designed to provide financial assistance to undergraduate students. It is considered the "basis" of the financial aid award and may be combined with other forms of aid to help meet the costs of education. The award amounts range from $400 to $5645 and are based on the number of hours for which the student is enrolled, the cost of education, and the Expected Family Contribution (EFC) as calculated by the Central Processor when the student files the FAFSA. The EFC is the index numbers used by all colleges/universities to determine student financial aid eligibility. Pell Grant amounts are awarded based upon full-time enrollment (12 hours). If a student enrolls less than full-time, they will be paid accordingly: Less than half-time = 25% of Pell (approximately) 6 - 8 hours = 50% of Pell amount awarded 9 - 11 hours = 75% of Pell amount awarded The student is informed about the Federal Pell award after the Financial Aid Office receives the electronic results of your FAFSA and all other documents required. A student's file must be complete ten (10) days prior to the end of the semester in order to receive payment from Federal Pell Grant before the semester ends. Students may be eligible to receive Pell Grant funds up to an equivalent of 12 full-time semesters, (600%-lifetime). Federal Supplemental Educational Opportunity Grant (FSEOG) This federal grant is targeted to qualified applicants who have an exceptional remaining financial need after being awarded Federal Pell. At Del Mar College, awards may range from $100 to $800 annually. Towards Excellence, Access, and Success Grant (TEXAS) This state grant is to assist Texas resident students who completed an Advanced High School Program and who demonstrate financial need. Awards are for $1,325 and a student must be enrolled in at least 9 hours each semester. After the completion of the second award year, students must complete 75% of all attempted hours, 24 semester credit hours per academic year and maintain a cumulative 2.5 GPA. Texas Educational Opportunity Grant (TEOG) This state grant is to assist the Texas resident students who are eligible for the original TEXAS grant, has less than 30 attempted hours and demonstrates financial need. Awards are for $1,780 and the student must be enrolled in at least 6 hours each semester. After the completion of the second award year, students must complete 75% of all attempted hours with a cumulative 2.5 GPA. Texas Public Educational Grant • TPEG (Resident) This need based grant is designed to provide awards to qualified Texas students. Awards range from $100 to $1000 annually.• TPEGN (Non-Resident) This need based grant is designed to provide awards to qualified out of state students. Awards range from $500 to $1000 annually.