Federal Supplemental Educational Opportunity Grants (FSEOGs) are reserved for undergraduates with significant financial need. The annual award is set by individual colleges, but federal guidelines set a minimum of $100 and a maximum of $4,000 per academic year. Students mustfile their FAFSA®in order to apply for an FSEOG.
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What are Federal Supplemental Educational Opportunity Grants (FSEOG) Awards?
Federal Supplemental Educational Opportunity Grants (FSEOG) are awarded to undergraduate students and don’t need to be repaid. The amount of FSEOG aid awarded is determined by the extent of the student’s financial need. Additional factors considered include the other financial aid you receive and what other financial aid is available through the particular college.
How to Apply for a Federal Supplemental Educational Opportunity Grant (FSEOG)?
It’s imperative you plan ahead for this, and the most important recommendation is to apply for FAFSA® as soon as possible when October 1 rolls around. This is important because each school only receives a limited amount of FSEOG funds each academic year.
Who is Eligible for Federal Supplemental Educational Opportunity Grant (FSEOG)?
Students who demonstrate significant financial need through their application and show a low EFC or Expected Family Contribution, are eligible for FSEOG aid. FSEOGs are awarded to students who will receive Federal Pell Grants and demonstrate the greatest need.
FSEOG student aid is only available to students who haven’t already graduated with a bachelor’s or another professional degree. Other eligibility criteria for the FSEOG include: