Federal Supplemental Educational Opportunity Grants (FSEOG)

"Federal Supplemental Educational Opportunity Grants (FSEOG)" submitted by SchoolGrantsfor Editorial Team and last updated on Monday 9th January 2012

A Federal Supplemental Educational Opportunity Grant (FSEOG) is available for undergraduates with exceptional financial need. This program is administered directly by the financial aid office at participating schools. Each school receives a limited amount of funds from the federal government each year. Your school will credit your account, pay you directly, or combine both methods of payment. Also known as SEOG Grants.

Granted to qualifying full and part time students based on each school’s eligibility criteria; ranging from $100 to $4,000 per year; not available on all campuses Amounts are subject to change. For undergraduates with exceptional financial need; Federal Pell Grant recipients take priority; funds depend on availability at school. Check with your financial aid administrator for current amounts.

Different assessment rates and allowances are used for dependent students, independent students without dependents, and independent students with dependents. After filing a FAFSA, the student receives a Student Aid Report (SAR), or the school receives an Institutional Student Information Record (ISIR), which provides the EFC.

The Federal Supplemental Educational Opportunity Grant (FSEOG) application procedure and eligibility requirements are different at different schools. Unlike Pell Grants, the amount of FSEOGs you receive depends not only on your financial need but also on the amount of other aid you get and the availability of funds at your school. Most schools will require you to apply for all other available aid before applying for this type of grant. This is because the more financial aid that you receive from other sources, the less you will be eligible for from these funds. This enables the school to help more students in the end, so they want you to get all other available aid first.

You want to apply as soon as possible for an FSEOG Grant since participating FSEOG colleges can run out of college grant money for that school year. Each college who is involved with the FSEOG Grant program are funded only so much money from the government. Once all their FSEOG Grant money is awarded for that school year, it’s gone. College students who acquired a Pell Grant are more likely to also receive a FSEOG Grant. So apply for both of them at the same time and; apply as fast as you possibly can.

When a school does receive these funds, they are allocated fairly fast. This means that the earlier you apply for all of the aid that you are eligible for, including this FSEOG grant, the more likely you are to receive funds. In many cases, you will have to wait until you have answers from other sources of financial aid before you can apply, or before a decision will be made regarding your application for this grant. Just because you qualify, this is no indication that you will receive funds, as the funds are so limited. Once the school has allocated all of the funds, there is nothing left to award other students until the following year.

However, if you're eligible, your school will credit your account, pay you directly (usually by check), or combine these methods. Your school must pay you at least once per term (semester, trimester, or quarter). Schools that do not use semesters, trimesters, or quarters must disburse funds at least twice per academic year.

Type of Aid
Grant does not have to be repaid

Annual Award Amount

Who May Apply:

Eligibility is Based on:

Get To Know:

Getting the money:

Difference between FSEOG and Pell?

Applicants should understand that the FSEOG application process is more competitive than the Federal Pell Grant, and priority funding will always be awarded to those with the greatest financial need. Students may be awarded Pell Grants and Federal Supplemental Educational Opportunity Grants and use it for payment of undergraduate tuition, and associated costs. FSEOG awards are granted as a supplement to entitlement grants, and no grant repayment is required.

For the PELL program, the federal government guarantees that the College will receive enough money to pay PELL to its eligible students. For the FSEOG program, each school receives a fixed amount of money to make FSEOG awards. Once this money is awarded, there is no more for that academic year. It is important that you file your applications early in the academic year so that you get maximum consideration for limited FSEOG funds.

Contacts
Federal Student Aid Information Center
Federal Supplemental Educational Opportunity Grant (FSEOG) Program
Telephone: (800) 433-3243 or (800) 4FED-AID
Visit: http://www2.ed.gov/programs/fseog/index.html

You may also Read:
FSA Handbook For Federal Supplemental Educational Opportunity Grants: http://ifap.ed.gov/sfahandbooks/0304FSAHBVOL7.html

Further Read: 
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