Federal Supplemental Educational Opportunity Grant (FSEOG)

FSEOG is a federal grant for undergraduates with exceptional financial need, but unlike Pell it is run by each college's financial aid office and only at schools that choose to participate. Awards range from $100 to $4,000 a year. The exact amount depends on the student's need, the timing of the application, other aid received and how much FSEOG money the school has left. Each school receives a fixed annual allocation from the Department of Education, and once it is spent no further awards can be made that year, so applying early matters more here than for Pell. Schools give priority to students with the greatest need. Recipients must be undergraduates who have not already earned a bachelor's degree. Eligibility is reassessed every year through the FAFSA, and the school decides whether to award the grant again. Funds are credited to the student account or paid directly at least once per term. Students should confirm with their financial aid office whether the school offers FSEOG at all.