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The 4310 is for the full year. From Aug to July usually. If you were not enrolled in most of these months full time, then you will not get the full amount. If you only go for half of the year, then you would only get half.
I'm not familiar with an 8 week term system, but however many 8 week terms (probably 2) is equal to a regularly 16 week semester would get you half of your pell.
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