FSEOG is an acronym for Federal Supplemental Educational Opportunity Grants. Funding for FSEOG comes from the government, but administration of the grants is done by the school. Most often, those who receive a Pell Grant will be given priority for an FSEOG.
Key Characteristics
- No payback is necessary
- Campus-based program
- Source: Government provides money to schools for grants
- Deadline: Usually around January 1; actual deadline is set by the school
How Do I Determine My Eligibility?
- You must be attending a school that awards FSEOGs
- You must show a high degree of financial need, as determined by the school
- Most recipients are full-time students, but those attending school half-time or less may also receive a grant
- You must be working on your first undergraduate or graduate degree
- You must be a U.S. citizen or eligible non-citizen
How Much Can I Get?
Recipients of this grant can receive up to $4,000 a year, depending on financial need. Generally, your school will pay you or credit your account at least once per quarter or semester. Apply early or you may miss out. Awards given out through this program in 1997 totaled over $583 million, with an average payment of $745 going to each recipient.
Getting Started
No trick here: Once you’ve enrolled in school (or even before!), talk to a financial aid advisor. He or she will tell you how to apply, what forms to complete, and answer any questions you may have. Chances are you’ll be asked to fill out the FAFSA if you haven’t done so already. Ask what criteria are used by the school to determine financial need and how long it will take before you hear about your award.
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