What is a FSEOG?
The FSEOG is a federal grant program designed to supplement other sources of financial aid for students with exceptional need. FSEOG awards are based on financial need and fund availability. A six (6) active financial aid unit minimum enrollment is required for processing FSEOG. Students must be eligible to receive Pell Grant funds in order to receive FSEOG.
What are the differences between an FSEOG and a Federal Pell Grant?
The U.S. Department of Education guarantees that each school will receive enough money to pay the federal Pell grants of its eligible students but there is no guarantee that every eligible student will receive a FSEOG award. Students at each school will be awarded SEOG funds based on the availability of funds at each school.
How much money can I get?
You can receive between $100 and $4000 a year depending on when you apply your need, and the funding level of the school you’re attending.
How will I be paid?
FSEOG payments are paid two times per academic year. The award is deposited into your selected refund preference with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. Visit this link for more information: https://bankmobiledisbursements.com/refundchoices/.