The Federal Supplemental Educational Opportunity Grant (FSEOG) is a need-based grant program.
Almost $1 billion in FSEOG funding is awarded each year to approximately 1.6 million undergraduate students. The maximum grant is $4,000. The average grant is $599. Colleges may increase the maximum grant by up to $400 for students in study-abroad programs approved by the home-institution for academic credit toward the Bachelor’s degree.
To be eligible for FSEOG, you must file the Free Application for Federal Student Aid (FAFSA®), demonstrate financial need and satisfy the other general eligibility requirements for federal student aid. Although there is no minimum enrollment requirement, awards may be prorated for less than half-time enrollment. Funding is limited, so it is best to apply early.
The FSEOG is a form of campus-based financial aid, with 75% of the money coming from the U.S. Department of Education and 25% from the college. Not all colleges participate in the FSEOG program. The grants are awarded by the college’s financial aid office, subject to the discretion of the college financial aid administrator. Financial aid administrators are required to give priority to students with exceptional financial need who will receive a Federal Pell Grant during the award year. Students with exceptional financial need are defined as students with the lowest expected family contributions (EFC) at the college.
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