What does “1 hour attributable to the second academic year” mean when determining my eligibility for a 2nd Scheduled Pell award?
For financial aid purposes, you must earn a minimum of 24 credit hours during the award year to complete the first academic year. However, new regulations require that only one (1) hour of your enrollment for the summer term be attributable to the second academic year. To determine your eligibility for the summer semester, add your fall and spring earned hours to the number of hours you are enrolled in for the summer semester. If this number is greater than 24, then you have met the requirement.