Federal Supplemental Educational Opportunity Grant - FSEOG

AAA

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.

RELATED TERMS
  1. Free Application For Federal Student ...

    The form that must be completed in order to qualify for any type ...
  2. Education Loan

    Money borrowed to finance education or school related expenses. ...
  3. PLUS Loan

    A low-cost student loan offered to parents of students currently ...
  4. 529 Plan

    A plan that allows for the prepayment of qualified higher education ...
  5. Qualified Higher Education Expense

    Expenses such as tuition and tuition related expenses that an ...
  6. Student Debt

    Money owed on a loan taken out to pay for educational expenses. ...
Related Articles
  1. Your Kid's College Loan: Who Should ...
    Credit & Loans

    Your Kid's College Loan: Who Should ...

  2. Student Financial Aid Changes: FAFSA ...
    Credit & Loans

    Student Financial Aid Changes: FAFSA ...

  3. Education Savings Account Tutorial
    Taxes

    Education Savings Account Tutorial

  4. Budget Tips for Foreign Students in ...
    Budgeting

    Budget Tips for Foreign Students in ...

comments powered by Disqus
Hot Definitions
  1. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  2. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  3. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  4. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
  5. Over The Counter

    A security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, etc. The phrase "over-the-counter" ...
  6. Earnings Before Interest After Taxes - EBIAT

    A financial measure that is an indicator of a company's operating performance. EBIAT, which is equivalent to after-tax EBIT ...
Trading Center