Federal SEOG Grant – Overview
The Federal Supplemental Educational Opportunity (SEOG) grants are financial awards that help financially weaker students to enroll in a college.
These are not loans, but financial grants and need not be repaid by the recipient. This grant has helped tens of thousands of deserving applicants to continue their formal education in hope of a brighter future.
This federal fund is awarded to select universities and colleges to be distributed among eligible students. In contrast to the Pell Grant, the SEOG federal grant is not distributed to every student who qualifies.
Rather, this grant is awarded as a set amount from the FSEOG funds and given to colleges. This also means that some deserving students may not be selected for this grant.
The Federal SEOG grants are supplementary to 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.
Every participant college and university contributes to this grant program to be a part of it.
It is not necessary that all colleges and universities collaborate for the Federal SEOG grants.
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, then you will need to show financial need to become eligible. The demonstrated financial need is verified by the Free Application for Federal Student Aid (FAFSA).
Thus, you should apply for the Federal SEOG grants through the FAFSA to become eligible for this program.
You can only use this award to complete your undergraduate degree only if you haven’t already earned a bachelor’s degree.
What are the eligibility criteria for receiving Federal SEOG Grants
Some other important eligibility criteria to qualify for federal SEOG grants include:
- Being a US citizen
- Having never defaulted on any other student/education loan
- Have maintained a 2.0 GPA or more
- Have completed FAFSA registration
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 anywhere between US$ 100 and US$ 4,000 every year. The exact fund amount is determined by your demonstrable financial need. It also depends on when you apply.
It also considers any other financial aid you might be currently receiving. Last, but not least, the availability of aid 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.
Make sure to complete your FAFSA registration soon after October 1st, as this grant is awarded on a first-come, first-serve basis.
Conclusion
Federal SEOG grants are excellent if you’re a student requiring additional financial aid. These grants are aimed to provide assistance to deserving students.
These are students who wish to complete their college degrees but are unable to do so due to limited finances.
Ensure that your selected college or university is part of the federal SEOG grant program before enrolling in it.
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Reference links:-
https://www.salliemae.com/college-planning/
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