Pell Grant Administrative Cost Allowance

Federal Student Aid began processing the first Pell Grant Administrative Cost Allowance (ACA) payments for the 2012-2013 Award Year. Schools will begin to see these payments deposited directly into their bank accounts over the next few weeks. For complete information about these ACA payments, refer to the March 12, 2013 Electronic Announcement that is posted on the Information for Financial Aid Professionals (IFAP) Web site.