TYPES OF FEDERAL GRANTS
The Federal Pell Grant Program provides need- based grants to low income, undergraduate students, who have not earned a bachelor’s or professional degree. Unlike a loan it does not have to be repaid. The award amount is determined by the student’s financial need based on the information submitted on the FAFSA application and the student’s enrollment. Students are eligible for the equivalent of 12 full time semesters of the Pell Grant.
SEOG Federal Supplemental Educational Opportunity Grant
The Federal Supplemental Educational Opportunity Grant program is for undergraduates with exceptional financial need. Pell Grant recipients with the lowest expected family contributions (EFCs) will be considered first for a FSEOG. Just like Pell Grants, the FSEOG does not have to be repaid. It is campus based funding and is awarded on a first come, first- serve basis. Because these funds are limited, it behooves students to apply as early as possible for financial aid. FSEOG is not guaranteed to students on an annual basis.
Iraq and Afghanistan Service Grant
A student, whose parent or guardian was a member of the U.S. Armed Forces and died as a result of service performed in Iraq or Afghanistan after September 11, 2001, may be eligible to receive the Iraq and Afghanistan Service Grant. The grant award is equal to the amount of a maximum Pell Grant for the award year – not to exceed the cost of attendance for that award year.
Additional Student Eligibility Requirements
- Must be ineligible for a Federal Pell Grant, due only to having less financial need than is required to receive Pell funds
- Be under 24 years old
- Enrolled in college at least part-time at the time of the parent or guardian’s death.