Federal Supplemental Educational Opportunity Grant (FSEOG)
The Federal Supplemental Educational Opportunity Grant (FSEOG) is a federal financial aid program designed to provide additional assistance to undergraduate students with exceptional financial need. FSEOG awards ranged from $100 to $4,000 per year. Unlike the Federal Pell Grant that is available to all eligible students, the FSEOG is limited and not all qualifying students will receive aid. The FSEOG grant is prioritized to students who need it most.
Here are key points you need to know about the FSEOG:
Purpose: The FSEOG is a grant program that provides additional financial assistance to undergraduate students who have exceptional financial need. It is meant to supplement other forms of financial aid.
Eligibility: Eligibility for the FSEOG is based on financial need, which is determined through the Free Application for Federal Student Aid (FAFSA). Students must demonstrate significant financial need to qualify for the FSEOG.
Priority to Pell Grant Recipients: Priority in FSEOG allocation is given to students who are also Pell Grant recipients. This means that if you qualify for both Pell Grant and FSEOG, you may have a higher chance of receiving the FSEOG.
Award Amount: The FSEOG award amount varies based on financial need and the availability of funds at the institution.
Application Process: To be considered for the FSEOG, you must complete the Free Application for Federal Student Aid (FAFSA). Since funds are limited, it's crucial to submit the FAFSA as early as possible. The FSEOG is awarded on a first-come, first-served basis.
Renewal: FSEOG eligibility is not guaranteed for subsequent years. You must reapply for federal financial aid, including the FSEOG, by submitting the FAFSA for each academic year.
School Participation: Not all schools participate in the FSEOG program. Check with the financial aid office at your institution to confirm whether the school offers the FSEOG and the specific application procedures.
As with any financial aid program, it's essential to stay informed about the latest guidelines and regulations, as they may change. Contact the financial aid office at your college or university for the most up-to-date information on the FSEOG program.