The following is concise list of information relating to Federal student financial aid grants.

  1. 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.
  2. Grants are typically given on the basis of financial need.
  3. Grants are considered gifts and are not paid back.
  4. Federal grants are almost exclusively for undergraduate students.
  5. They include Pell Grants, which can be worth up to $4,050 annually.
  6. They also include Federal Supplemental Educational Opportunity Grants (FSEOG), which can be worth up to $4,000 annually.
  7. Priority for FSEOG awards is given to those who have also received the Pell Grant and have exceptional financial need.
  8. Additional information on grants is available on the Internet: http://www.studentaid.ed.gov.
  9. Information also is available from your State Higher Education agency. A list of these agencies is available at: http://wdcrobcolp01.ed.gov/Programs/EROD/.