Two major allocation devices determine award amounts in the student aid programs authorized in Title IV of the Higher Education Act (HEA). One is the determination of a student's need using "need analysis" procedures; the other is the calculation of a Pelt Grant award using statutorily specified Pelt Grant award rules.
Fischer, Frederlck J.
"Improving the Design of Pell Grant Award Rules,"
Journal of Student Financial Aid: Vol. 21
, Article 1.
Available at: http://publications.nasfaa.org/jsfa/vol21/iss2/1