Like the Pell Grant, the Federal Supplemental Educational Opportunity Grant (FSEOG or SEOG) is free student grant money that is awarded based on your financial need. The federal government gives the FSEOG grant money directly to schools, who then pass it on to eligible students.
To qualify for the FSEOG program, you have to be a low-income undergraduate student who is experiencing financial need.
If you qualify, your school’s financial aid office will award you between $100 and $4,000 per year, depending on how much financial need you have.
Pell Grant recipients are the first ones to get FSEOG grants. This means that, with both grants combined, you may qualify to get over $10,000 per year in free financial aid.
But you have to act fast! FSEOG grants are limited. This means you have to apply as soon as possible to make sure you get this grant before your school runs out of grant money.
To be eligible to receive a FSEOG scholarship, you must show a significant amount of financial need when applying, and your Expected Family Contribution (EFC) must be low to qualify. Students who have not graduated with their bachelor’s are able to apply. You must also meet the minimum GPA requirement of a 2.0, never have defaulted on any other student loans, complete the FAFSA application, and be a U.S. citizen.
If you do qualify for FSEOG financial aid, you will receive a notification letter from your school’s Financial Aid Office letting you know how much you will be awarded that year. If you are eligible to receive a FSEOG award, you will get funds twice a year if your school does not go by terms. If you attend a school that has semesters, trimesters or quarters, you will receive funds once time per term. Remember, you must file every year to qualify.
The Federal Supplemental Educational Opportunity Grant payment options include direct deposit into your bank account, or directly to you. There is also the option to do a combination of the two.
By Admin –