The Federal Supplemental Education Opportunity Grants (FSEOG) are for undergraduate students who have a greater need for financial help. A greater need generally means that your family’s expected contributions are very low. You are not eligible if you already have an undergraduate degree.
When you apply for FSEOG through the FAFSA, the system assigns you an Expected Family Contribution (EFC) number, which will determine your eligibility for grant money.
The FSEOG program provides between $100 and $4,000 per year, per student.
Your EFC number will determine how much you can receive. Additionally, your school with factor in the following when considering your award amount:
- Your financial need
- Other aid amounts you are receiving
- The availability of funds
- When you apply
You should apply for FSEOG funding sooner rather than later. Each school sets deadlines of when to apply, and you should check with your institution on those dates.
The Federal Pell Grant provides funds for every student who is eligible. However, the FSEOG has limited funds and can only award applicants until exhausted. The program is first-come, first-served.
Like other grants, you should not have to repay any funds as long as you maintain your eligibility. Some reasons why you would have to pay back the FSEOG program include:
- Leaving your program.
- Switching from full-time to part-time.
- Receiving other financial aid that reduces your need.
- Not meeting any required service obligations.
If you or a family member were in the armed forces, you might be automatically eligible for certain grants. Military grants are available whether you are eligible or not for other federal grants.
By Admin –