Are you planning on starting college in the near future? Make sure that you submit your Free Application for Federal Student Aid (FAFSA) on time as this will help you substantially if you’re short of funds for college education. If a gap exists between your personal funds and the college expenses¸ you’ll be granted federal government aid in the form of loans¸ grants¸ and work-study. The Federal Supplemental Educational Opportunity Grant (FSEOG) is one such example of the federal grants or gift money given to you for financing your college expenses.
What is needed for the Federal Supplemental Educational Opportunity Grant Program?
The following conditions should be met if you want to receive the FSEOG grant:
The foremost condition is that you should be a U.S. citizen or an authorized non-citizen (U.S. national or U.S. permanent resident).
FAFSA should be submitted on time with correct information; there is no additional FSEOG application.
You should be enrolled in a college that is on the list of participating colleges eligible for receiving the Federal Supplemental Educational Opportunity Grants.
Last but not the least; this program is only available for undergraduate students with extreme financial need.
Key Features of the FSEOG Grant:
You’ve to keep in mind the following points about FSEOG:
You’ve to reapply and submit your FAFSA each new academic year to continue receiving the FSEOG grant and the amount may increase or decrease depending on the changes in your financial situation.
Just submitting a FAFSA displaying extreme financial need doesn’t mean that you’ll be granted the FSEOG grant. Although there is no separate FSEOG grant application¸ but it’s also important that you don’t delay in applying to colleges. The financial aid office at the college to which you apply is responsible for deciding how much FSEOG has to be granted. If you’re late in your admission due to a delayed application¸ there are extensive chances that the college has exhausted its FSEOG funds¸ given to it by the federal government¸ by the time it receives your application.