Qualifications: Undergraduate students only (must be Pell Grant recipient)
Annual Amount: Up to $2,000
Deadlines & Application: March 1: Free Application for Federal student Aid (FAFSA); April 15: complete file
Description: Similar to Pell Grants, Federal Supplemental Educational Opportunity Grants are given to students with high financial need who qualify for Pell Grants. No application is necessary other than the early completion of the FAFSA, and they do not have to be repaid.
Unlike Pell Grants, the university is given a set amount for Federal Supplemental Educational Opportunity Grants, and all qualified applicants are not guaranteed funding. They are awarded on a first-come, first-serve basis to those who have qualified for Pell Grants and, by preference, to out-of-state students. This preference is because the State Student Incentive Grants, funded by both federal and state sources, are identical to the Federal Supplemental Educational Opportunity Grants in amount, but are reserved for New Mexico residents.
The maximum Federal Supplemental Educational Opportunity Grant is $2000 for single parents with EFCs of zero, but, the amount will depend on your financial need, the number of eligible students, and the total funding available when your file is complete. The lower your EFC, the larger the amount likely to be funded; however, funding is not guaranteed. The sooner your FAFSA is completed and your EFC received, the more likely it is you will receive an Federal Supplemental Educational Opportunity Grant.
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