Need personal writing service? The FSEOG Grant (Federal Supplemental Educational Opportunity Grant) is for college undergraduate students with extreme financial need. Before a student receives a Federal Pell Grant (also based on income) this program is considered. Neither of these grants require repayment.
FSEOG grants are awarded based on the financial situation as outlined on the Free Application for Federal Student Aid (FAFSA). This form determines the student’s Expected Family Contribution (EFC) which is then used to determine eligibility for the program.
There are more than 4,000 participating postsecondary colleges and universities.
FSEOG Grant Amount
Depending on your financial need, when you apply, and the school you are attending, if eligible, you can expect to receive between $100 and $4,000 per year.
You can opt to have the funds credited to your school account, paid directly by check, or a combination of the two. Your institution is required to payout the grant at least once per semester or quarter.
Although it changes yearly, the average award is approximately $750.
Apply for the FSEOG Grant
Applying for this grant, as well as other financial aid, is as simple as filing your FAFSA form on time. Your EFC will determine your eligibility for grants, the Federal Work-Study (FWS) Program, and student loans.
Tip: make sure you complete your FAFSA before July 1 of the upcoming school year.
Are you attending a school that participates in the FSEOG program? Make sure you apply for the grant as soon as possible – even before the set deadline. As with most grants and financial aid, the application process has the tendency to drag on. You do not want to miss out on funding because you were too late with your application.
Money for the FSEOG program can run out. The government awards the money directly to the institution. From there, it is up to the individual school to properly disperse the funds. The longer you delay the greater chance there is that you will miss an opportunity to receive a grant.
Final Word – Federal Supplemental Educational Opportunity Grant
The FSEOG grant is only for students in the worst financial situations. However, you owe it to yourself to apply. Remember these three points:
1. File your FAFSA as soon as possible.
2. Even if you are not eligible for this grant you may receive other types of aid.
3. You can receive anywhere from $100 to $4,000.
As with all types of financial aid, the sooner you apply for the Federal Supplemental Educational Opportunity Grant the better your odds are of receiving money.