This federally funded grant pays education costs for eligible undergraduate students who have not earned a bachelor's or professional degree. Amounts vary depending on eligibility. The FAFSA determines the exact eligibility based on the Student Aid Index (SAI).
Requirements to receive a Federal Pell Grant include the following:
Students can receive the Pell grant for a maximum of 12 full time semesters or 600% (roughly 6 years of school).
Year-round Pell is available for students enrolling in the summer semester.
The Federal Supplemental Educational Opportunity Grant (FSEOG) is for undergraduates with exceptional financial need (students with the lowest EFCs) and gives priority to students who receive Federal Pell Grants.
Requirements to receive an FSEOG include the following: