Pell Grant 2024 Maximum. Under section 401 (a) (2) (f) of the hea, as amended, the minimum pell grant award is ten percent of the maximum. The biden administration is still forging ahead with its plan to double the maximum pell grant award by 2029.

Since biden took office, the award has increased. We estimate more than 7 million students will receive a pell grant next year, and 5.7 million will be eligible for the maximum pell grant of $7,395.