If you are a students with financial need, you may be eligible to receive funding via Federal Pell Grants and Federal Supplemental Educational Opportunity Grants.
Many college students who have unmet financial need are eligible to receive Federal Pell Grants, which do not have to be repaid. Pell eligibility is based on a number of factors, and can only be determined after students have completed their Free Application for Federal Student Aid (FAFSA) forms for education financial aid.
Factors that influence whether or not a student is eligible to receive Pell Grants, as well as the amount of educational funding, include:
If you are Pell eligible and your school does participate in FSEOG, you may be eligible for additional federal grant funding. The federal government awards FSEOG grant funds to participating schools as a way of supplementing Pell Grants for the neediest of students. Schools may award fund, at their discretion to Pell-eligible students who still need additional assistance finding money for college.
Some schools who participate in the Federal Student Financial Aid program participate in the FSEOG program, and others do not. Schools who choose to participate in this program must make financial contributions to the program: For every three dollars of federal money allocated to FSEOG, the institution is required to contribute one dollar.
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Lawmakers are considering extending Pell Grants to people who pursue short-term training in order to land better jobs, faster. Federal student aid in the form of Pell Grants can currently be used for college degrees and qualifying certificate programs. [...]
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Three San Bernardino County women who have been accused of stealing $1 million in federal financial aid from Fullerton college, in California, have been arrested by the U.S. Justice Department and are charged with various counts of mail and wire fraud. The scheme involved enrolling hundreds of mainly non-existent students, successfully applying for grants and loans and pocketing the money. [...]
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