Federal Supplemental Educational Opportunity Grant - FSEOG

Definition of 'Federal Supplemental Educational Opportunity Grant - FSEOG'


A program that provides funds for undergraduate students who demonstrate exceptional financial need. The Federal Supplemental Educational Opportunity Grant is similar to the Federal Pell Grant Program, in that funds awarded do not need to be repaid. Grant amounts are issued between for $100-4,000 per year for eligible students, based on financial need, funding at the student's school and the school's financial aid policies.

Investopedia explains 'Federal Supplemental Educational Opportunity Grant - FSEOG'


The FSEOG funds are dispersed by the student's school, and can be credited to the student's school account or paid directly to the student in the form of a check. The school must release funds at least once per term (semester, trimester or quarter); or at least twice per school year where semester, trimester or quarterly terms are not defined.

Priority is given to students with the lowest expected family contributions (EFCs) at the institution, and those students who are also recipients of the Federal Pell Grant Program.


Filed Under:

comments powered by Disqus
Hot Definitions
  1. Federal Reserve Note

    The most accurate term used to describe the paper currency (dollar bills) circulated in the United States. These Federal Reserve Notes are printed by the U.S. Treasury at the instruction of the Federal Reserve member banks, who also act as the clearinghouse for local banks that need to increase or reduce their supply of cash on hand.
  2. Benchmark Bond

    A bond that provides a standard against which the performance of other bonds can be measured. Government bonds are almost always used as benchmark bonds. Also referred to as "benchmark issue" or "bellwether issue".
  3. Market Capitalization

    The total dollar market value of all of a company's outstanding shares. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. The investment community uses this figure to determine a company's size, as opposed to sales or total asset figures.
  4. Oil Reserves

    An estimate of the amount of crude oil located in a particular economic region. Oil reserves must have the potential of being extracted under current technological constraints. For example, if oil pools are located at unattainable depths, they would not be considered part of the nation's reserves.
  5. Joint Venture - JV

    A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity. In a joint venture (JV), each of the participants is responsible for profits, losses and costs associated with it.
  6. Aggregate Risk

    The exposure of a bank, financial institution, or any type of major investor to foreign exchange contracts - both spot and forward - from a single counterparty or client. Aggregate risk in forex may also be defined as the total exposure of an entity to changes or fluctuations in currency rates.
Trading Center