Grants and scholarships are considered gift aid and do not have to be repaid. Most grant aid is based on some type of need-based eligibility requirement; therefore, you must complete the FAFSA to apply for most grants. Scholarships, on the other hand, are based on performance or excellence in a field of study, sport, etc. Sources of grants and scholarships include Federal, state, private, and institutional funds. Although grants and scholarships are a very desirable source of financial aid, their availability is generally limited.
Federal Pell Grant
Federal Pell Grants are awarded based upon the analysis of the FAFSA, cost-of-attendance, and enrollment status (full time or part time). Pell Grants are awarded only to undergraduate students who have not earned a bachelor's degree or professional degree.
The maximum Pell Grant for 2011-2012 is $5,550.00. The maximum Pell Grant award can change each year based upon Congressional funding levels.
More information about Federal Pell Grants can be found in The Student Guide.
Federal Supplemental Education Opportunity Grant
The Federal Supplemental Educational Opportunity Grant (SEOG) is for undergraduate students with exceptional financial need. Preference is given to Pell Grant recipients whose need cannot be met throught Federal Pell Grant and other programs.
Students interested in applying must file by the University's priority deadline. More information about Federal SEOG can be found in The Student Guide.