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((This information was taken from Funding Education Beyond High School 2006-2007, The Guide to Federal Aid, prepared by the U.S. Department of Education.) What is a Federal Supplemental Educational Opportunity Grant?An FSEOG is for undergraduates with exceptional financial need--that is, students with the lowest
EFCs. Priority is
to be given to students who receive Federal Pell
Grants. An FSEOG doesn't have to be paid back. What's the difference between the FSEOG and Federal Pell Grant?Each school participating in the Federal Pell Grants Program will receive enough money to pay the Federal Pell Grants its eligible students qualify for. Every eligible student might not receive an FSEOG, however; students at each school will be awarded these funds based on the availability at that school. How much money can I get?You can receive between $100 and $4,000 a year, depending on when you apply, your need, the funding level of the school you're attending, and the policies of the financial aid office where you attend school. How will I be paid?Your school will credit your account, pay you directly (usually by check), or combine these methods. Schools must pay students at least once per term
(semester, trimester, or quarter). Generally, schools that do not use traditional terms must pay you at least twice during the
academic year.
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