Every eligible program, including graduate programs, must have a defined academic year. Award limits are generally connected to a period of time. For instance, all of the programs except Federal Work-Study have a maximum amount that can be awarded for an academic year or award year. This handbook is a resource for learning about Federal Student Aid and what is offered. This volume includes the following chapters: (1) Academic Calendar & Payment Periods; (2) Cost of Attendance (Budget) ; (3) Calculating Pell Grant Awards; (4) Stafford/PLUS Loan Periods and Amounts; (5) Awarding Campus-Based Aid; and (6) Packaging Aid.