Federal Pell Grant
The Federal Pell Grant is for undergraduate students with exceptional financial need.
Federal Pell Grants are awarded to degree seeking undergraduate students who have not earned a bachelor's degree. These students must not have been admitted into a graduate program.
Approximate annual amounts are from $587 to $5,730. You must submit a Free Application for Federal Student Aid (FAFSA) to determine your eligibility for a Federal Pell Grant, premised on awarding parameters.
The lifetime limit of Federal Pell Grant eligibility is titled Lifetime Eligibility Used (LEU). Eligible students are limited to receiving 600% of Federal Pell Grants. Every academic year that a student receives a Pell Grant when enrolled full-time counts as 100% towards the 600% maximum. This means that students have approximately 6 years of Pell Grant eligibility before reaching the lifetime limit.
Since a Federal Pell Grant is premised on a specific level of enrollment (full-time, three-quarter time, half-time, or less than half-time), it is imperative that a recipient engage in academic activities associated with each course that constitutes a student's level of enrollment. For example, if a student receives a Federal Pell Grant premised on full-time enrollment and it is later determined that the student failed to engage in academic work of at least 12 credit hours per academic term, he or she may be billed for all or a portion of the full time Federal Pell Grant already received.
Federal Supplemental Education Opportunity Grant
Federal grant for Pell Grant recipients with exceptional financial need.
A Federal Supplemental Educational Opportunity Grant (FSEOG) represents a form of federal "gift" aid. Approximate annual amounts are between $900 to $1,100. FSEOG is awarded to undergraduate students with exceptional financial need. Due to limited funding, priority for the FSEOG is given to Pell Grant recipients with exceptional need who meet Newman’s priority date for filing the Free Application for Federal Student Aid (FAFSA) and completing their financial aid file by March 1st.