Apply For FSEOG

A student who is wishing to take advantage of Federal Financial Aid as a resource to assist in paying for tuition and other education-related expenses may want to explore all the opportunities available to them. The Free Application for Financial Student Aid, or FAFSA, is the important first step in the process of seeking those funds, in the form of Federal loans and/or grants. You must apply for the FSEOG using the FAFSA.

The FAFSA is the application that a student completes when seeking Federal student aid, in the form of loans, such as the Stafford Loan, but also when seeking grant funds to supplement other financial resources, such as Pell Grant, or Federal Supplemental Educational Opportunity Grant (FSEOG). The completed FAFSA application, which the student can complete online, will contain specific financial and personal information that you’ll be asked to supply, is required in the reviewing and determination of the level of financial need the student exhibits. Such things as a student’s income, expenses, student’s dependent status, family financial contribution as well as other factors, are used in the calculation of your EFC number, or Estimated Family Contribution amount. That number is what is calculated by the government, based on the information you supplied, and reflects the determination of the amount you and your family are expected to contribute toward your educational needs during this Financial Aid application cycle. The EFC number itself plays a very important role in determining if the student is eligible for Pell Grant funds, and possibly, if exceptional financial need is exhibited, FSEOG funds as well. Unlike Student Loans, grant fund, such as Pell Grant and Federal Supplemental Educational Opportunity Grant (FSEOG), do not require repayment.

Completing the FAFSA application at the student’s earliest ability to do so will give them greater opportunity to take advantage of FSEOG monies, as that grant is a “first come, first served” pool of monies made available to the participating education institution. The school will be seeking to utilize those funds for their eligible students, and will do so until their available fund are exhausted that financial aid cycle. So, getting the students application done at the earliest opportunity will afford the student greater chance, if eligible, to take advantage.

If a student is awarded Pell Grant and is determined to show significant financial need, meeting all eligibility requirements, the participating school’s Financial Aid Officer will review the student’s FAFSA application, as well as the resulting EFC number, and will award FSEOG grant funds to that student.

Once the student applies for the FSEOG using the FAFSA, it is sent to the school for award packaging. The school will send out an award letter to the student telling them what they are eligible for. Once the student receives the award letter, there will be instructions on how to accept app or part of the aid package for the school year.

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