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Federal Supplemental Educational Opportunity
Program
Higher education is expensive and no
one can argue with that statement. Paying for college can be a real challenge for many families. It
is important to look everywhere for money that can help.
There are many federal programs that
are available that you may be eligible for right now. The Department of Education oversees all of
the federal programs that can assist college bound students with educational
costs.
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FSEOG
The FSEOG or the Federal Supplemental Educational
Opportunity Program is an educational subsidy program offered by the Department of Education. The federal
government allocates X amount of dollars to institutions of higher learning for the sole purpose of helping low
income students meet their tuition needs. This program allows many students to supplement their tuition
dollars.
This is a need based grant program. The student has
to fit a certain criteria to be able to receive the grant.
According to the Department of Education “The FSEOG
Program provides need-based grants to low-income undergraduate students to promote access to post secondary
education. Students can receive these grants at any one of approximately 4,000 participating post secondary
institutions. Institutional financial aid administrators at participating institutions have substantial flexibility
in determining the amount of FSEOG awards to provide students who are enrolled or accepted for enrollment. Priority
is given to those students with "exceptional need" (those with the lowest expected family contributions, [EFCs], at
the institution) and those who are also Federal Pell Grant (see # 84.063, also under topical heading "Federal
Student Aid") recipients.”
The FAFSA
The first step in determining if you are eligible for
certain grants and loans for your education is filling out the FAFSA or the Free Application for Student Aid at the Department of Education website, you
can also have a form mailed to you and can fill it out and return via US postal service as
well.
The FAFSA is going to determine based on the
information you provide what type of federally backed grants and loans you are eligible for. Almost all federal
student aid that you are eligible for will be based off the information that you provide on the FAFSA form. It is
very important to fill out the form exactly as directed to avoid long delay times.
You can get the help that you need to attend college
with a little ingenuity and by asking for it.
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