The latest FAFSA is actually a necessity for Federal Funds Eligibility having Gives There is absolutely no specific income cutoff on eligibility towards the Federal Pell Grant. Qualification into the Federal Pell Grant is based on brand new asked relatives share (EFC), perhaps not income. Considering study in the Federal Postsecondary Beginner Assistance Study (NPSAS), more 94% of Federal Pell Offer receiver into the 2015-16 had an adjusted gross income (AGI) under $60,000 and you can 99.9% had a keen AGI below $a