WASHINGTON, June 5 -- Department Of Education has issued a notice called: Federal Need Analysis Methodology for the 2026-27 Award Year-Federal Pell Grant, Federal Work-Study, Federal Supplemental Educational Opportunity Grant, William D. Ford Federal Direct Loan, and TEACH Grant Programs.
The notice was published in the Federal Register on June 5 by James Bergeron, Acting Chief Operating Officer, Federal Student Aid.
Summary: The Secretary announces the annual updates to the tables used in the statutory Federal Need Analysis Methodology (Need Analysis) that determines a student's Student Aid Index (SAI) for award year (AY) 2026-27 for student financial aid programs, Assistance Listing Numbers (ALN) 84.007, 84.033, 84.063, 84.268, and 84.3...