What the document says“a student shall not be eligible for a Federal Pell Grant under subsection (b) during any period for which the student receives grant aid from non-Federal sources, including States, institutions of higher education, or private sources, in an amount that equals or exceeds the student's cost of attendance for such period.”
The section adds a new paragraph (6) to section 401(d) of the Higher Education Act of 1965 (20 U.S.C. 1070a(d)) so that from July 1, 2026 a student may not get a Federal Pell Grant for a period in which non-federal grant aid, whether from a State, a college or a private source, meets or exceeds the student's cost of attendance for that period.
What the document actually says“a student shall not be eligible for a Federal Pell Grant under subsection (b) during any period for which the student receives grant aid from non-Federal sources, including States, institutions of higher education, or private sources, in an amount that equals or exceeds the student's cost of attendance for such period.”
A student gets no Pell grant for such a period. That is where other grant aid already covers the full cost.
The aid may come from a state or a college. It may come from a private source. It starts on July 1, 2026.
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