Information on the General Accounting Office's (GAO) analysis of Pell Grant recipients during the 1986-87 school year is presented. Following an introductory letter, Appendix I looks at profile characteristics of Pell Grant recipients during that year. Findings show that: most were full time, first year, and independent; the majority had little or no adjusted gross income; the majority attended public institutions; the majority were enrolled in programs less than 3 years; attendance costs were less than $5,000 for most recipients; few received the maximum award allowed; few received the maximum 60% share of attendance cost; and almost all who received 60% attended public schools. Appendix II provides information on Pell Grant recipients who did not receive grants in later years (students at four-year schools receiving grants after first year, and students at two-year schools receiving grants after first year). Appendix III focuses on cost estimates for increasing a recipient's cost of attendance to the maximum grant allowed (increasing grants to $2,100 for recipients with no income, increasing grants to $2,200 for recipients with no income, increasing grants to $2,100 regardless of income; and increasing grants to $2,200 regardless of income. Related GAO products (reports and testimonies) are listed. (SM)