A Consortium Agreement is a written plan between two schools which recognizes a student’s combined enrollment for the purpose of awarding a Pell Grant. Federal regulations mandate Federal Student Aid may only be paid to a student by one institution for the same enrollment period. Consortiums are completed as needed on a semester-by-semester basis. It is the student’s responsibility to initiate the consortium agreement with the Home School.
The student must:
- Determine which educational institution they will consider as their “Home” school. Home is defined as the institution at which the student will receive their federal awards and plan to receive their primary degree.
- Determine which educational institution they will consider as their “Host” school. Host is defined as the institution at which the student will not receive their federal awards (i.e. Classes will most likely be transferred to the Home school).
- Make payment arrangements with the Host school since the Home school is not allowed to transfer funds to anyone other than the student.