April 4, 2008, Newsletter Issue #62: SEOG Funds For Students With A Demonstrated Financial Need

Tip of the Week

Pell Grant recipients are often students who demonstrate a significant financial need. This means that they are in a position where college would not even be a possibility without the federal grant funds they receive. This category of students is often given priority to receive other grant funds to help with the overall cost of a college education. One such grant is the Federal Supplemental Educational Opportunity Grant (FSEOG) which awards students funds between $100 and $4,000. A benefit of grants is that the funds do not be repaid by the student. The only exception occurs when a student leaves school without completing the term. Those students may be asked to repay any funds they received.

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