Grants

Grants

 

Federal Pell Grant

 

**Award Range:**  $301-$2,865/semester

 

Pell Grant is a federal program for undergraduate students who have not yet earned their first bachelor’s degree. The data you provide on your Free Application for Federal Student Aid (FAFSA) produces an EFC, or Expected Family Contribution, which is used in determining your Pell Grant eligibility.  

 

Federal Pell Grant Eligibility is limited to 6 years at full- time enrollment. Once a student has reached the Lifetime Eligibility Used the student may qualify for other types of financial aid but will no longer be eligible for Pell Grant.

 

The amount of Federal Pell Grant funding you are awarded and/or eventually entitled to receive is based not only on your EFC, but also on such factors as your enrollment level, and the number of semesters you attend. Students may not receive Federal Pell Grant funds from more than one school simultaneously (e.g. – award period or semester). You may receive a Federal Pell Grant, in some cases, even if you are attending less than half-time. Financial aid is awarded based on anticipated full-time enrollment. Pell Grant is adjusted based on your enrollment as of the Financial Aid Census Date. After the Financial Aid Census Date, the Pell award will not change for courses added or dropped as long as the student started the course.  Students are paid up front for courses that begin throughout the term.  Pell awards are adjusted and money must be repaid if you fail to start a course that begins after the Financial Aid Census Date.   

 

If a student enrolls less than full-time, their Pell Grant award will be adjusted (decreased) based on their actual enrollment.

**Actual Enrollment**

**Pell Eligibility**

12+ Credit Hours (full-time)

100% of Pell Award

9-11 Credit Hours (3/4 time)

75% of Pell Award

6-8 Credit Hours (1/2 time)

50% of Pell Award

Less than 6 Credit Hours

25% of Pell Award

 

Some of the other policies which pertain to the Federal Pell Grant include:

  • A student must maintain enrollment and attendance during the semester in order to maintain eligibility for Federal Pell Grant funds. Dropping classes (or simply not attending class anymore) before the Financial Aid Census Date usually results in the student owing back the Pell Grant funds associated with that class.
  • If your FAFSA is received by Sandburg after the close of a semester you have already attended, as part of the current award year, your retroactive reimbursement is calculated based on the number of credit hours successfully completed with an earned grade of “A, B, C, D, or S”. In addition, if you have been selected for verification, all required documents must be on file and you must meet all other eligibility criteria to receive a retroactive award. The last possible day for your valid FAFSA information to be received for the year is the last day of the Spring/Summer term, or your last date of attendance for the award year, whichever is earlier.
  • Students may only receive one scheduled Pell Grant award per award year (for 2014-2015, the maximum award for a student with an EFC of 0000 is $5730). If you are enrolled full-time (12 or more credit hours) during both the Fall and Spring semesters, you will NOT be eligible to receive Pell Grant funding for your enrollment during Summer. If you are enrolled less than full-time during either the Fall or Spring semesters, you may have remaining Pell Grant eligibility for Summer, however, the remaining eligibility may be for an amount less than a normal full-time award.
  • The Federal Government can change (reduce) the funding for this program at any time.

 

 

Federal Supplemental Educational Opportunity Grant

 

**Award Range:**  Maximum of $2000/semester

 

The Federal Supplemental Educational Opportunity Grant (SEOG) is available for undergraduate students with exceptional financial need as demonstrated by the lowest EFC. Priority consideration is given to students who receive the Federal Pell Grant. The grant provides up to a maximum of $4000 per year. Qualifying students apply for this need-based aid by filing a Free Application for Federal Student Aid (FAFSA). Funding levels for this program are very limited. As a result, fewer than 10% of all Pell Grant eligible students will be awarded SEOG. Interested students should apply early to ensure maximum award consideration.