The Federal Government continues to help provide financial support to students pursuing higher education. There are a variety of Federal grants offered to students such as the Federal Pell Grant, SEOG, and a number of grants for U.S. Veterans. Most Federal grants are awarded based on need-based aid eligibility as determined by their Free Application for Federal Student Aid (FAFSA).
Federal Pell Grant Program
Matriculated students who have not previously received a bachelor's degree may be eligible to apply for this Federal grant with the submission of their Free Application for Federal Student Aid (FAFSA). Eligibility is based on financial need as determined by the FAFSA. Applicants must be accepted to an undergraduate degree or certificate program and be enrolled for at least one credit per semester. Students must maintain Satisfactory Academic Progress (SAP). The maximum Federal Pell Grant award for the 2022-2023 academic year is $6,895. Students must complete the Free Application for Federal Student Aid (FAFSA) annually. Students may receive Pell Grants for a maximum of 12 full-time semesters or the equivalent.
For more information, visit the U.S. Department of Education’s Pell Grants website.
Federal Supplemental Educational Opportunity Grant (FSEOG)
These Federal funds are available for a limited number of undergraduate students with exceptional financial need who are matriculated (accepted to a degree or certificate program) and who are enrolled for at least six credits per semester. Students must maintain Satisfactory Academic Progress (SAP) to receive FSEOG. The amount of the grant typically ranges from $100 to $2,000 per academic year at Pace University based on the level of our Federal funding. The Financial Aid Office determines who will receive FSEOG and the amount of the grant. A student must be a Pell Grant recipient to receive FSEOG. Students must complete the Free Application for Federal Student Aid (FAFSA) annually. FSEOG funds are extremely limited and awarded on a first-come-first-serve basis; generally only students who file the FAFSA by the November 15th priority deadline each year will receive FSEOG.
For more information, visit the U.S. Department of Education’s FSEOG website.