Award may not exceed cost of attendance
1 rule
No Federal Pell Grant under this subpart shall exceed the cost of attendance (as defined in section 1087 ll of this title) at the institution at which that student is in attendance. If, with respect to any student, it is determined that the amount of a Federal Pell Grant for that student exceeds the cost of attendance for that year, the amount of the Federal Pell Grant shall be reduced until the Federal Pell Grant does not exceed the cost of attendance at such institution.