Annual Award [Education] Law and Legal Definition

According to 34 CFR 686.2 _d_ [Title 34 – Education; Subtitle B -- Regulations of the Offices of the Department of Education; Chapter VI -- Office of Postsecondary Education, Department of Education; Part 686 -- Teacher Education Assistance for College and Higher Education _TEACH_ Grant Program; Subpart A -- Scope, Purpose, and General Definitions], the term annual award means “the maximum TEACH Grant amount a student would receive for enrolling as a full-time, three-quarter-time, half-time, or less-than-half-time student and remaining in that enrollment status for a year.”

According to 34 CFR 690.2 _c_ [Title 34 – Education; Subtitle B -- Regulations of the Offices of the Department of Education; Chapter VI -- Office of Postsecondary Education, Department of Education; Part 690 -- Federal Pell Grant Program; Subpart A -- Scope, Purpose and General Definition], the term annual award means “the Federal Pell Grant award amount a full-time student would receive under the Payment Schedule for a full academic year in an award year, and the amount a three-quarter-time, half-time, and less-than-half-time student would receive under the appropriate Disbursement Schedule for being enrolled in that enrollment status for a full academic year in an award year.”