The following is concise list of information relating to Federal student financial aid grants.
- Grants are money which is given to a student or the institution they are attending in order to pay for their education or training and any associated expenses.
- Grants are typically given on the basis of financial need.
- Grants are considered gifts and are not paid back.
- Federal grants are almost exclusively for undergraduate students.
- They include Pell Grants, which can be worth up to $4,050 annually.
- They also include Federal Supplemental Educational Opportunity Grants (FSEOG), which can be worth up to $4,000 annually.
- Priority for FSEOG awards is given to those who have also received the Pell Grant and have exceptional financial need.
- Additional information on grants is available on the Internet: http://www.studentaid.ed.gov.
- Information also is available from your State Higher Education agency. A list of these agencies is available at: http://wdcrobcolp01.ed.gov/Programs/EROD/.