- See also Wikipedia's article about "Pell Grant".
Pell Grants are grants of financial by the Federal Government to students from low-income families. Over 90% of Pell Grants go to recipients from families making under $40,000 a year. More than 50% of the grants go to families earning under $20,000 a year. The maximum grant value is currently around $5,000 a year and tied indexed to the consumer price index.
Columbia enrolls the highest percentage of students receiving Pell Grants in the Ivy League. This is a point of school pride and an indicator of the schools socio-economic diversity, especially relative to its peers.