Grants - FSEOG, Institutional Grants, Merit Awards
Federal Supplemental Educational Opportunity Grants
FSEOG are Federal Supplemental Educational Opportunity Grants.
FSEOGs are for undergraduates with exceptional financial need.
Pell Grant recipients with the lowest Estimated Family Contributions (EFCs)
will be the first to get FSEOG Grants.
Just like Pell Grants, FSEOGs don’t have to be paid back.
You can receive up to $4,000 a year, depending on when you apply and
other factors such as:
- Your financial need
- Funding at the school you’re attending
- Policies of the financial aid office at your school
If you’re eligible, your school will usually credit your account.
Or you can get paid directly, usually by check.
You can also combine these payment methods.
Your school must pay you at least once per school term
either semester, trimester, or quarter.
(Schools that do not use semesters, trimesters, or quarters
must disburse funds at least twice per academic year).
Institutional Grants
In additional to FSEOG, SMART Grants and Academic Competitiveness
Grants, there are other grants available. Colleges provide
institutional grants to help make up the difference between
college costs and what a family can be expected to contribute
through income, savings, loans, and student earnings.
Other institutional grants, known as merit awards or merit scholarships,
are awarded on the basis of academic achievement. Some merit awards
are offered only to students whose families demonstrate financial need.
Other Merit Awards are awarded without regard to a family’s finances.
Some grants come with special privileges or obligations.
Ask questions and find out about the types of grants awarded
by each college you are considering.
NOTICE: Not all schools participate in all of the federal student
aid programs administered by the U.S. Department of Education.
Academic Competitiveness Grants, EFC, FSEOG, grants, Institutional Grants, Merit Awards, Merit Scholarships, Pell, SMART Grants
Leave a Reply
You must be logged in to post a comment.