Become One of The 1.6 Million Federal SEOG Grant Recipients This Year…
Over 1.6 million students will receive a Federal Supplemental Educational Opportunity Grant (FSEOG) this year! Also known as “SEOG grants,” this little known grant program awards close to one billion dollars annually with an average award amount of $600. Depending on your financial need, you can get up to $4,000!
An FSEOG grant is a need-based, campus-based, “formula grant,” awarded to undergraduate postsecondary (college) students to help lower their educational expenses. A “formula grant,” is a special type of grant program that you do not have to compete for. The FSEOG grant is also classified as “campus-based” aid, meaning the grant program is administered through the financial aid office of the participating college. This is explained below.
The FSEOG grant program provides only grants, and therefore there is no repayment required. Priority is given to those students with an “exceptional financial need.” If you have already been awarded a Federal Pell Grant, your chances of getting an FSEOG grant increases as well.
How much money can I get?
FSEOG award amounts vary from $100 to $4,000 a year, with an average award amount of $600. Odds of receiving a FSEOG award all boil down to a few factors.
Checklist for getting a FSEOG grant.
Schools that participate in the FSEOG program receive certain amounts of money every year from the U.S. Department of Education. If the schools FSEOG funds have been exhausted for the year, you will have to apply for the following year. Each school sets it’s own deadlines. Just remember, the sooner you apply, the more likely it is that you will receive funding in time for the school year.
How do I get paid?
Once you are awarded a FSEOG grant, your school will either automatically credit your student account, pay you directly, or do a combination of the two.
Your school is required by law to pay out funds at least once every term, or at least twice a year.
Federal Student Aid Information Center (FSAIC) – get information on Federal student financial aid programs, as well as free one-on-one support with filling out the FAFSA online.
Student Financial Aid Handbook – PDF file provided by the U.S. Department of Education explaining the financial aid process for students.
Federal Student Aid – a website provided by the U.S. Department of Education that offers free information on Federal aid, finding a career, choosing a college, and locating other non-Federal financial aid sources.