Federal SEOG Grant – Overview
The Federal Supplemental Educational Opportunity Grant (FSEOG) Program provides need-based grants to help low-income undergraduate students finance the costs of postsecondary education.
These are not loans but financial grants that need not be repaid by the recipient. This grant has helped tens of thousands of deserving applicants continue their formal education in the hope of a brighter future.
This federal fund is allocated to participating schools, which then distribute the funds to eligible students. In contrast to the Pell Grant, the FSEOG does not guarantee funds to every student who qualifies; it is subject to availability at participating institutions.
Rather, this grant is awarded as a set amount from the FSEOG funds and given to colleges. This also means some deserving students may not be selected for this grant.
The Federal SEOG grants supplement the Pell Grants that students with financial need receive to complete their higher education. Not every college or university participates in this federal funding program.
Federal funds for the FSEOG are provided by the U.S. Department of Education to participating colleges, which must contribute a fraction (usually 25%) of the funds awarded to students.
Not all colleges and universities participate in the FSEOG program; participation is optional.
Hence, you should inquire about this at your chosen college’s financial aid office.
Let’s take a closer look at the Federal SEOG grants.
What are the eligibility criteria for receiving Federal SEOG Grants
If your selected college offers the Federal SEOG grant, you must demonstrate financial need to become eligible. The Free Application for Federal Student Aid (FAFSA) verifies the demonstrated financial need.
Thus, you should apply for the Federal SEOG grants through the FAFSA to become eligible for this program.
You can use this award to fund your undergraduate education if you do not have a bachelor’s degree or a professional degree.
Some other important eligibility criteria to qualify for federal SEOG grants include:
- Being a US citizen
- Not being in default on any federal student loans
- Have maintained a 2.0 GPA or more
- Having completed the FAFSA to demonstrate financial need
You should remember that the FAFSA applications open on the 1st of October every year. You should also remember to renew it every year you spend in college.
To learn how to complete FAFSA, you can visit this step-wise guide by clicking on this link https://scholarships360.org/fafsa-101-guide/.
How much can candidates receive under the Federal SEOG Grants program?
Eligible students who have successfully applied for the Federal SEOG grants can receive between $100 and $4,000 annually. The exact fund amount is determined by your demonstrable financial need and also depends on when you apply.
The amount can also be affected by the other financial aid you receive. Last but not least, aid availability at your selected university or college also determines the eligibility criteria.
Every college has a limited number of federal SEOG grants. These grants are awarded to qualified students who have submitted their FAFSA information.
Please complete your FAFSA registration soon after October 1st, as this grant is awarded on a first-come, first-served basis.
Conclusion
Federal SEOG grants are excellent if you’re a student requiring additional financial aid. These grants are aimed to assist deserving students.
These students wish to complete their college degrees but cannot do so due to limited finances.
Ensure that your selected college or university is part of the federal SEOG grant program before enrolling.
See Also
Medical Billing and Coding Certification
Medical Billing and Coding Salary
How to Apply Medical Billing and Coding Schools
Medical Billing and Coding Grants
What Doctor Makes the Most Money
Common Nursing School Interview Questions
Follow us